Re:Canada Is Preparing Steel Quotas, Tariffs on China and Ot...
by JumpCrisscross on Wednesday June 27, 2018 @10:36AM
(#17408439)
> The rules of the World Trade Organization must be set by the world trading countries, not by the US
The rules I described are the rules of the WTO. They are a reasonable precondition for being treated as a free trading nation, a designation which comes with tremendous economic benefits but also risks to other trading nations.
> to arbitrate
The last time China was taken to international arbitration (by the Philippines) it ignored the rulings. China is presently brazenly breaking WTO rules. If you’re playing a board game with someone who continues to break the rules, the solution isn’t to talk about it while continuing play.
The rules I described are the rules of the WTO. They are a reasonable precondition for being treated as a free trading nation, a designation which comes with tremendous economic benefits but also risks to other trading nations.
> to arbitrate
The last time China was taken to international arbitration (by the Philippines) it ignored the rulings. China is presently brazenly breaking WTO rules. If you’re playing a board game with someone who continues to break the rules, the solution isn’t to talk about it while continuing play.