Why the global trading system is about to grind to a halt
The WTO is breaking down and if there's no US-China trade deal in the next two weeks, there may not be one until after America's 2020 presidential elections.
Washington | In less than a week, a key piece of the global trading system that has helped undergird the staggering prosperity and poverty-alleviation of the past quarter-century will grind to an ignominious halt.
America's refusal under the Trump administration to approve of new appointments to the World Trade Organisation's powerful appellate body has been a few years in the making.
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