Don't Storm Out Of The Wto
`We told you so," critics of the new World Trade Organization are crowing. Even the freest of free traders are wincing. Things have gone sour for the U.S. ever since it joined the WTO last year. Opponents had warned that the U.S. was surrendering its sovereignty to a bunch of Euro-trade hacks who would eagerly rule against the world superpower. The latest contretemps: The WTO ruled that the U.S. must either ease clean-air curbs on gasoline imported from Venezuela or face trade sanctions in perpetuity. Pull out now, say conservative, environmental, and consumer-rights groups.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.