"The most significant change has been a gradual erosion in confidence in the World Trade Organization (WTO), principally because its disciplines do not fully address Chinese practices and because the Trump administration has adopted a strong “America First” approach to international trade cooperation. The stark choice for WTO members is to rise to the challenge through a process of reform and modernization or let the organisation drift into irrelevance."
"The most significant change has been a gradual erosion in confidence in the World Trade Organization (WTO), principally because its disciplines do not fully address Chinese practices and because the Trump administration has adopted a strong “America First” approach to international trade cooperation. The stark choice for WTO members is to rise to the challenge through a process of reform and modernization or let the organisation drift into irrelevance."