Economics
Trump’s Bid to Dismantle Global Trading System Poised for a Win
- Alternative EU dispute system appears to address U.S. concerns
- Appeals panel at WTO to be down to one judge come Dec. 10
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President Donald Trump’s assault on the World Trade Organization -- and the global system of rules that guide international businesses -- may be quietly scoring a major victory.
Thanks to a U.S. veto on new appeals judges, the WTO’s dispute arm is expected to start slipping into the institutional equivalent of a coma at the end of this year. That has set off a scramble by the European Union, Canada and other countries to set up a temporary alternative allowing the use of arbitrators rather than three-judge panels to hear appeals.