Trade
WTO faces identity crisis as Trump weighs going it alone
Armed with his instinctual suspicion of multilateral institutions, Trump has turned the WTO from what his predecessors saw as a strategic tool into a strategic target.
In the final days of his presidency Barack Obama opened a trade case against China that was meant as a capstone to his administration’s economic battles with Beijing.
The litigation brought at the World Trade Organization was nominally against illegal subsidies Beijing used to help its aluminium industry, however US officials who had spent more than year working on it saw it as something bigger. They were launching a guided missile at the financial infrastructure of China’s state-directed economy.
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