HomeAfricaUS trade chief sees only limited role for WTO after failed meeting...

US trade chief sees only limited role for WTO after failed meeting in Cameroon

-

WASHINGTON, March 30 (Reuters) - ‌The World Trade Organization will play only ​a limited role in global trade policy after a failed ministerial ⁠meeting in Cameroon, U.S. Trade Representative Jamieson Greer said on Monday, vowing to seek alternative arrangements s with like-minded ​countries.

Greer, said in a statement issued nearly 24 hours after the ‌WTO meeting ended in impasse after an extension of an e-commerce moratorium was blocked by Brazil and Turkey, said he ⁠was "disappointed at the lack of seriousness" shown ⁠by many WTO member countries in embracing a broadly acceptable reform agenda.

"I have always been skeptical of the value of the WTO, and this week’s conference confirmed that ‌this organization will play only a limited role in future ⁠global trade policy efforts,” said Greer, ‌who has been the architect of ​President Donald Trump's multi-front tariff assault on global trading partners.

Greer said that he was disappointed that the e-commerce ‌moratorium on tariffs on digital transmissions had ​to lapse after being ⁠routinely extended for 28 years.

"Fortunately, the United States ‌has secured commitments from ⁠dozens of countries — and nearly all of our major trading partners — not to impose tariffs on U.S. digital transmissions," Greer ​added. "If the WTO ‌cannot achieve this commonsense aim, the United States will work ⁠outside of the WTO with ​all interested partners to get it done."

(Reporting by David ​Lawder;Editing by Dan Burns)

tagreuters.com2026binary_LYNXMPEM2U00M-VIEWIMAGE

Author

Stay Connected

1,800FansLike
259FollowersFollow
119FollowersFollow
1,263FollowersFollow
90,000SubscribersSubscribe

Related articles

Latest posts

Share on Social Media

spot_img