The WTO at 25
For U.S., WTO reform hinges on economic model ‘convergence’
For the Trump administration, World Trade Organization reform is not possible without an acknowledgment from all countries that membership requires market-oriented policies -- but this fundamental priority, like many U.S. reform proposals, faces a China-sized stumbling block as the organization limps into its 26th year. The WTO marked its 25th birthday on Thursday with a look at its “Past, Present & Future,” as its virtual event was called. Speaking on Thursday, U.S. Ambassador to the WTO Dennis Shea argued that...