U.S.’s Tai Calls for WTO Reforms to Make Trade ‘Race to the Top’
- Tai’s speech marks first USTR visit to Geneva since 2015
- U.S. support undermined by unilateral appellate body block
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U.S. trade chief Katherine Tai reaffirmed Washington’s commitment to the World Trade Organization in a speech that marks the first time that the nation’s top trade official has visited the institution in half a decade.
“The Biden-Harris Administration believes that trade -- and the WTO -- can and should be a force for good that encourages a race to the top and addresses global challenges as they arise,” Tai said in remarks prepared for delivery in Geneva and provided by the office of the U.S. Trade Representative. “The organization has rightfully been accused of existing in a “bubble,” insulated from reality and slow to recognize global developments. That must change.”