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U.S. Not Bound by WTO Decisions, Trump Warns in Trade Agenda

  • Trump administration to push ‘freer and fairer’ trade
  • U.S. goals better met by bilateral trade deals, report says
Bloomberg business news

President Trump Says He Wants Free, But Fair Trade

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The U.S. isn’t bound by decisions made at the World Trade Organization, President Donald Trump’s administration said in outlining a new trade agenda that promises to root out unfair practices by foreign countries.

America plans to defend its “national sovereignty over trade policy,” the Office of the U.S. Trade Representative said in an annual document laying out the president’s trade agenda. Under the terms of its entry into the WTO, the U.S. didn’t abandon its trade rights, according to the document, obtained by Bloomberg News and titled “2017 Trade Policy Agenda.”