Trump Pressures WTO to change China’s developing nation status

[OSR stands with Israel]

https://www.google.com/amp/s/thehill.com/policy/finance/454932-trump-calls-on-wto-to-reform-developing-country-status-used-by-china%3famp

President Trump wants the World Trade Organization (WTO) to prevent countries like China from labeling themselves "developing," arguing that some member nations are abusing that status to operate under more lenient rules.

Trump issued a memo directing U.S. Trade Representative Robert Lighthizer to use "all available means" to secure changes to WTO policy toward developing countries.

Without progress in the next 90 days, the Trump administration said it will unilaterally ignore a country's "developing status" and reject its membership in the Organization of Economic Cooperation and Development.

If the WTO doesn’t do this then the US needs to reestablish control and force the WTO to do it . China needs to be reigned in completely and it has to happen right now  .


On the China issue I agree with Trump 100% and hope he doesn't back down one bit 

[lfromnj]

https://www.google.com/amp/s/thehill.com/policy/finance/454932-trump-calls-on-wto-to-reform-developing-country-status-used-by-china%3famp

President Trump wants the World Trade Organization (WTO) to prevent countries like China from labeling themselves "developing," arguing that some member nations are abusing that status to operate under more lenient rules.

Trump issued a memo directing U.S. Trade Representative Robert Lighthizer to use "all available means" to secure changes to WTO policy toward developing countries.

Without progress in the next 90 days, the Trump administration said it will unilaterally ignore a country's "developing status" and reject its membership in the Organization of Economic Cooperation and Development.

If the WTO doesn’t do this then the US needs to reestablish control and force the WTO to do it . China needs to be reigned in completely and it has to happen right now  .


On the China issue I agree with Trump 100% and hope he doesn't back down one bit 

If trump was actually good on China he would have signed the tpp.

[OSR stands with Israel]

https://www.google.com/amp/s/thehill.com/policy/finance/454932-trump-calls-on-wto-to-reform-developing-country-status-used-by-china%3famp

President Trump wants the World Trade Organization (WTO) to prevent countries like China from labeling themselves "developing," arguing that some member nations are abusing that status to operate under more lenient rules.

Trump issued a memo directing U.S. Trade Representative Robert Lighthizer to use "all available means" to secure changes to WTO policy toward developing countries.

Without progress in the next 90 days, the Trump administration said it will unilaterally ignore a country's "developing status" and reject its membership in the Organization of Economic Cooperation and Development.

If the WTO doesn’t do this then the US needs to reestablish control and force the WTO to do it . China needs to be reigned in completely and it has to happen right now  .


On the China issue I agree with Trump 100% and hope he doesn't back down one bit 

If trump was actually good on China he would have signed the tpp.

I agree but the actions he’s taken other than that have worked , China’s economic growth has slown to its lowest level since the 90s while our economy continues to be strong . If the trend continues then it’s clear the Chinese have more to lose than the US does

[GeorgiaModerate]

https://www.google.com/amp/s/thehill.com/policy/finance/454932-trump-calls-on-wto-to-reform-developing-country-status-used-by-china%3famp

President Trump wants the World Trade Organization (WTO) to prevent countries like China from labeling themselves "developing," arguing that some member nations are abusing that status to operate under more lenient rules.

Trump issued a memo directing U.S. Trade Representative Robert Lighthizer to use "all available means" to secure changes to WTO policy toward developing countries.

Without progress in the next 90 days, the Trump administration said it will unilaterally ignore a country's "developing status" and reject its membership in the Organization of Economic Cooperation and Development.

If the WTO doesn’t do this then the US needs to reestablish control and force the WTO to do it . China needs to be reigned in completely and it has to happen right now  .


On the China issue I agree with Trump 100% and hope he doesn't back down one bit 

If trump was actually good on China he would have signed the tpp.

I agree but the actions he’s taken other than that have worked , China’s economic growth has slown to its lowest level since the 90s while our economy continues to be strong . If the trend continues then it’s clear the Chinese have more to lose than the US does

The U.S. economy is slowing too.  Last quarter's GDP came in at 2.1% growth, and Q4 of last year has now been revised downward from 3% to 2.5.  Goldman Sachs has just lowered their Q3 forecast to 1.7. The tariffs have hurt both countries, but really a slowdown was inevitable at this stage of the business cycle.

Another data point in the new GDP report: business investment (something the tax cut was supposed to boost) actually declined by 0.6%, the worst since early 2016.

I'm pretty sure that Trump and/or his advisers claimed that his policies would lead to sustained 3% growth, maybe even 4%, throughout his term.

[MASHED POTATOES. VOTE!]

Having a country with the second biggest economy by GDP, and the biggest by PPP, as a "developing" one" is geopolitical and economic s**tposting.

[S019]

https://www.google.com/amp/s/thehill.com/policy/finance/454932-trump-calls-on-wto-to-reform-developing-country-status-used-by-china%3famp

President Trump wants the World Trade Organization (WTO) to prevent countries like China from labeling themselves "developing," arguing that some member nations are abusing that status to operate under more lenient rules.

Trump issued a memo directing U.S. Trade Representative Robert Lighthizer to use "all available means" to secure changes to WTO policy toward developing countries.

Without progress in the next 90 days, the Trump administration said it will unilaterally ignore a country's "developing status" and reject its membership in the Organization of Economic Cooperation and Development.

If the WTO doesn’t do this then the US needs to reestablish control and force the WTO to do it . China needs to be reigned in completely and it has to happen right now  .


On the China issue I agree with Trump 100% and hope he doesn't back down one bit 

If trump was actually good on China he would have signed the tpp.

 I agree with this 100%. Sadly Trump's China strategy is implementing useless tarriffs.

[OSR stands with Israel]

https://www.google.com/amp/s/thehill.com/policy/finance/454932-trump-calls-on-wto-to-reform-developing-country-status-used-by-china%3famp

President Trump wants the World Trade Organization (WTO) to prevent countries like China from labeling themselves "developing," arguing that some member nations are abusing that status to operate under more lenient rules.

Trump issued a memo directing U.S. Trade Representative Robert Lighthizer to use "all available means" to secure changes to WTO policy toward developing countries.

Without progress in the next 90 days, the Trump administration said it will unilaterally ignore a country's "developing status" and reject its membership in the Organization of Economic Cooperation and Development.

If the WTO doesn’t do this then the US needs to reestablish control and force the WTO to do it . China needs to be reigned in completely and it has to happen right now  .


On the China issue I agree with Trump 100% and hope he doesn't back down one bit  

If trump was actually good on China he would have signed the tpp.

 I agree with this 100%. Sadly Trump's China strategy is implementing useless tarriffs.

We need TPP+ Tarrifs. The fact is China has bene waging a trade war against US since at least 2000 and it is time that we fight back and fight back hard.  Jamie Dimon has also said the Tarrifs are needed as well

https://articles2.marketrealist.com/2019/05/why-is-jamie-dimon-supporting-trump-on-tariff-threats/
https://finance.yahoo.com/news/jamie-dimon-donald-trump-china-120003146.html

Asked about the president’s use of tariffs, Dimon said: “I have to confess I wouldn't have done it.” Dimon says he would have preferred marshaling U.S. allies to square off against China, but now believes tariffs have been effective in helping to force China to negotiate

I also think we should threaten to implement Mark Cuban's Plan as well

https://finance.yahoo.com/news/mark-cuban-china-trade-war-trump-130539755.html

I'd shut down all Chinese IPOs—that's the first step,” says Cuban, a billionaire entrepreneur and host of the show “Shark Tank.” “Given [Trump’s] propensity for using Twitter and throwing warning shots, I would throw out there that we might put a halt on the trading of Chinese-listed stocks in the United States.”

“A trading halt would certainly create a lot of disruption for those Chinese companies,” adds Cuban, who’s considering an independent run for president in 2020.