Brussels Edition: Saving the WTO
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President Donald Trump has repeatedly questioned the relevance of the World Trade Organization, threatening to take the U.S. out of the multilateral body if it doesn’t “shape up.” EU trade chief Cecilia Malmstrom will today set out to show why America should stay. The bloc’s proposals for reforming the WTO will include making negotiations more flexible, making dispute settlements more transparent and shrinking trade costs. Following a gathering in Geneva on Thursday, where the Canadian government will present its vision for the WTO, Malmstrom will meet with officials from the U.S. and Japan in New York next week to work on a joint proposal to strengthen the trade body.