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General News    H3'ed 1/11/19

Trump claims that a national security exception allows him to block imports. Is he right? -

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The Wrecking Ball President  is at it again! Three global trade cases have huge implications for the Trump administration and the world economy.

The United States warned that a ruling on GATT Article XXI could ruin the WTO. Yet, if the institution does not limit the ability of states to abuse GATT Article XXI for nonnational security-related objectives, it could undermine the existing international trade regime. This brings us back to Ukraine’s case. It is likely that the WTO will seize the opportunity to set a high bar on the “necessity” clause under GATT Article XXI. This would not prevent countries from defining their national security interests as they see fit. Instead, it would simply mean that they would have to explain why they are pursuing these national security interests through trade.

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Susan Lee Schwartz Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)

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