World Trade Without Rules? US Shuts Down WTO Appeals Court

“We are in a crisis moment for our global trading system,’’ said U.S. Rep. Stephanie Murphy, D-Fla, who sits on the House Ways and Means subcommittee on trade. “As of tomorrow, the court will cease to exist.’’

Bashing the Globalist agenda is a new sport.

Zhang Xiangchen, China’s ambassador to the WTO, said in a statement that he was marking the occasion by wearing the black tie his wife had given him for funerals. Letting the “lights go out’’ at the appellate body, at least temporarily, Zhang said, is delivering what is “no doubt the most severe blow to the multilateral trading system since its establishment.’’

Good. Blow it up. Another box checked off.

“Where the United States is completely alone is the approach they’ve taken, (which) is to say: ‘We’re just going to blow this thing up,’ ” said Bernard Hoekman, an economist at the European University Institute.

If China is sad, you know there was something wrong with the WTO!

I posted about this yesterday.
Thread: Is Trump's ADMIN Trying to Kill Off the World Trade Organization? 

One of the comments was saying that it's to make way for AAIB (Arab African International Bank) to be more involved with international banking.

The WTO is no longer satisfying the needs to the US so they have decide to withhold appellant appointment...

I assume this is just a battle of the trade war.

Trade wars lead to hit wars... As heard...

Multilateral trading authority.

Rule #1 You open your markets USA with no tarrifs

Rule #2 We open our market a little bit with big tarriff

We poison your people with chemicals we add to products and steal your manufacturing base.

Tou sit back and do nothing.

That is fair and how it always been.

We are china!

phooey with china.

Huge win for Russia. Sanctions forced them to reform their financial system, get off the SWIFT payment system, and embark on a program of import substitution that gave a big boost to their agriculture.

The last thing Putin wants is to play by WTO rules.

Wto president mike moore dead at 71

Hang the Wto