Inside Trade

October 30, 2025

Trump plans ‘pocket rescission’ to void WTO funding 

By Brett Fortnam  / August 30, 2025 at 10:03 AM
Editor's note: The White House statement referenced in the story no longer includes language about the WTO; the White House has not yet responded to a question about why. The link below is to the original version of the statement. President Trump on Friday moved to cancel nearly $29 million in U.S. funding for what the White House called a “toothless” World Trade Organization, claiming it has “aided and abetted global trade cheating by the Chinese Communist party” for...

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