Economy

Trump wants fairness from WTO, says US won’t surrender economically anymore

Donald Trump has demanded fairness from the World Trade Organization (WTO) while stating that the country has long been surrendering economically and that this has allowed other other countries to steal its jobs, close factories and plunder wealth.

The era of economic surrender for the United States is over, it’s over, Trump said at a White House Made in America event, as he demanded fairness from the World Trade Organization (WTO). He said that his predecessors didn’t do anything to handle this situation.

He added that his predecessors let factories leave, let people lose their jobs, given to other workers in faraway lands. That’s not free trade, that’s fool’s trade, that’s a stupid trade, he said.

We’re demanding fairness with the World Trade Organization, it’s been a disaster for the United States and we want fairness. We lose court cases, we always had a minority of judges. They gave us fewer judges than other countries had and we’d lose cases, nobody knew why. I said I know why, because you don’t have judges from this country, you’d have the minority, Trump said.

The US is starting to do much better lately in winning cases. But America never waves the white flag, we only wave the red, white and blue flag. The era of economic surrender for the United States is over, it’s over, he said.

Trump said that his administration is reclaiming America’s proud manufacturing heritage. Because we are finally putting again America first. We’re tearing down barriers to our exports, protecting our intellectual property and defending our companies from unfair foreign trade practices, of which there are many, he said.

The White House in a fact sheet said that Trump’s economic policies have made it the perfect time for businesses to grow and thrive right here in the United States. American business is booming due to his pro-growth agenda, headlined by historic tax cuts, deregulation, and trade actions defending American workers and businesses.

Businesses are creating more and more jobs right here in the United States, with more than 3.2 million new jobs created since President Trump took office. The number of job openings surpassed the number of job seekers for the first time on record, which is great news for Americans who are unemployed and unable to find good, stable jobs, he said.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at Business Investor

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