Economics
U.S. Raises Prospect of Blocking Passage of WTO Budget
- The move increases U.S. pressure on the flailing trade body
- WTO members have until Dec. 31 to adopt their biennial budget
Photographer: Fabrice Coffrini/AFP via Getty Images
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The Trump administration ratcheted up its pressure on the World Trade Organization by raising the possibility of blocking the approval of the institution’s biennial budget and effectively halting its work starting next year.