
Why there’s no referee for the trade war : The Indicator from Planet Money
Fabrice Coffrini/AFP via Getty Images
Fabrice Coffrini/AFP via Getty Images
Thirty years ago, the U.S. helped create the World Trade Organization, a group of countries linked by a common set of free trade agreements. But then the U.S., starting with the Obama administration, turned against the WTO. This leaves a void where there should be a referee to settle trade disputes between countries. On today’s show, how American grievances paralyzed the WTO’s dispute settlement system and what happens when the U.S. no longer wants to play by the rules it once agreed to.
Related listening:
A polite message from Canada to the U.S. (Apple / Spotify)
Trump’s contradictory trade policies (Apple / Spotify)
Worst. Tariffs. Ever. (Update) (Apple / Spotify)
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