Biden administration strikes ‘constructive’ tone in first word on WTO approach
The Biden administration has given fellow World Trade Organization members its first indication of its approach to the beleaguered organization, promising it is “fully committed” to constructive engagement on WTO reform and saying the selection of a new director-general – a significant priority for many members – is “under active consideration” in Washington. To date, the Biden administration’s statements in Geneva have upheld the status quo and noted the U.S. is in transition. Although a significant change in approach is...