"If The Fool persists in his Folly he will become wise." - William Blake
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A leaked Trump bill to blow up the WTO
Axios has obtained a leaked draft of a Trump administration bill — ordered by the president himself — that would declare America’s abandonment of fundamental World Trade Organization rules. Why it matters: The draft legislation is stunning. The bill essentially provides Trump a license to raise U.S. tariffs at will, without congressional consent and international rules be damned. Show less The details: The bill, titled the "United States Fair and Reciprocal Tariff Act," would give Trump unilateral power to ignore the two most basic principles of the WTO and negotiate one-on-one with any country: The "Most ... (full story)
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"If The Fool persists in his Folly he will become wise." - William Blake
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