WTO Head Warns U.S. Exit Would Mean Chaos for American Business
- Azevedo says efforts already underway to reform institution
- Trump warned he would withdraw if WTO doesn’t ‘shape up’
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The head of the World Trade Organization has responded to President Donald Trump’s threat to leave the institution by warning such a move would cause chaos for U.S. companies operating around the world.
In an Oval Office interview with Bloomberg on Thursday, Trump warned that he would withdraw from the WTO “if they don’t shape up.” The president also called the 1990s agreement establishing the body “the single worst trade deal ever made.”