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Trade Chiefs Say WTO No Longer Sustainable and Needs Reform

  • Ministers from 12 nations, EU met to look at urgent changes
  • Communique calls for action to strengthen and reform the WTO
Trump's Trade Aggression Quietly Helps Taiwanese Gadget Maker
Photographer: David Paul Morris/Bloomberg
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A group of trade ministers from around the world voiced their support for strengthening the World Trade Organization at a time when the Trump administration has threatened to pull out of the body if it doesn’t treat the U.S. more fairly.

“The current situation at the WTO is no longer sustainable,” top trade officials from 12 nations and the European Union said in a communique after discussions in Ottawa over how to reform the global body. The U.S. and China were absent from the meeting.