Current location:Culture Curve news portal > travel
Commentary: Washington's WTO farce bane for global trade order
Culture Curve news portal2024-05-21 11:44:58【travel】7People have gathered around
Introduction(Xinhua) 10:06, February 02, 2023BEIJING, Feb. 1 (Xinhua) -- The United States claims it cherishes "
BEIJING, Feb. 1 (Xinhua) -- The United States claims it cherishes "rules," and has peddled a "rules-based international order." But when it comes to rules inconsistent with American interests, the United States does not hesitate to break them.
After the World Trade Organization (WTO) ruled against the United States in December 2022, Washington has recently appealed those rulings to the Appellate Body. Although WTO members have the right of appeal, the United States is apparently abusing the right. It clearly knows the appeals cannot be processed as the Appellate Body has been non-functioning because of its own sabotage.
So the United States does not aim to find a solution but to block the rulings indefinitely. Such a troubling move has met strong criticism from WTO members, and is new evidence of the United States as a unilateral bully, a rule breaker and a supply chain disruptor.
In March 2018, the United States began imposing Section 232 duties on steel and aluminum imports from certain WTO members in the name of "national security." Given that Washington has exempted 70 percent of its steel imports from the additional duties, the restricted imports only accounted for 5 percent of U.S. steel consumption, in which defense use took only roughly 0.15 percent. In other words, instead of protecting national security, those Section 232 measures are overwhelmingly protectionist.
The WTO rulings against these additional duties have demonstrated once again that "national security exception" should not be abused.
The rulings are a reassurance on safeguarding global free trade, and is also a warning to the United States, a country indulged in abusing the concept of "national security" to pursue self-interests. Under this guise, the United States has in recent years added a string of foreign companies to its "entity list," imposed long-arm jurisdiction and enacted protectionist statutes, including the Chips and Science Act.
These are just the tip of the iceberg of U.S. actions that undermine global trade order. Official data showed that in global trade, the United States is a major rule breaker, responsible for two-thirds of violations of WTO rules. As the United States loses more frequently in cases sued within the WTO, the country has tried to subvert the trade organization's dispute settlement mechanism. Washington has blocked the appointment of new judges in the WTO Appellate Body, leading to an impasse in the Appellate Body since December 2019.
So far, 127 WTO members have attempted on more than 60 occasions to start the selection process of filling vacancies on the Appellate Body. Still, the United States blocked the proposed decision.
It is evident that the "rules" the United States talks about are not widely-accepted rules, but those written by Washington for Washington.
At a critical moment to revive a world economy bewildered by unilateralism, protectionism and the COVID-19 pandemic, the WTO's rulings have undoubtedly boosted the international community's confidence in free trade. The right choice for Washington is to call off its WTO farce for its own benefits and those of the world.
Address of this article:http://northkorea.videocameralive.com/html-67c699849.html
Very good!(7)
Related articles
- Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
- Xi's important speech infuses Hong Kong's development with strong confidence
- Press center opens for China's annual legislative, political consultative sessions
- Jennifer Aniston, 55, and Reese Witherspoon, 48, both stun in chic all
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- Food quality, safety underscored in China's new draft law
- Senior CPC official stresses Fengqiao model for governance
- Book on Xi's discourses on China's manufacturing strength published
- Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
- Juventus poor run continues in 0
Popular articles
Recommended
Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
Zhejiang urged to boost modernization
Xi inspects city of Laibin in south China's Guangxi
Chinese lawmakers meet to deliberate reports
Yu Darvish extends scoreless innings streak to 25 in Padres' 9
Senior CPC official stresses addressing people's immediate concerns
Xi Jinping Thought on Culture guides China’s cultural development
Chinese premier stresses nurturing new drivers for high
Links
- Chicago Sky rookie Kamilla Cardoso out at least a month with a shoulder injury
- Man dragged by bear following fatal car crash, Massachusetts state police say
- Justin Steele returns from hamstring injury as Cubs take on Padres
- China's software industry logs steady growth in Q1
- White Sox recall Mike Clevinger from Triple
- Rangers put rookie outfielder Wyatt Langford on the injured list with a right hamstring strain
- Rise of David Lloyd's 'two
- This is the surprising risk of Ozempic NO ONE talks about
- Spurs' Victor Wembanyama named NBA Rookie of the Year
- Paying college athletes appears closer than ever. How could it work and what stands in the way?