Brazil Scores Victory at WTO, But Does It Matter?
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  • “the WTO has morphed from being the main engine of world trade liberalization to something of a diplomatic backwater.”

    In the case of China, mightn’t this be precisely because the WTO has so abjectly failed to enforce its own rules? I am thinking of China’s flagrant subsidy of exports and her blatant currency manipulations designed to effect the balance of trade.

    But even in the absence of these abuses, our granting China most-favored-nation status with no strings attached turns out to have been a strategic blunder from a purely political, military, and human rights point of view. It’s not too late to reverse policy.

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