7.1. Full circle – D. Tribune – Off-guard
The Straits Times says:
Ditching the WTO is not an option.
Global trade is under growing threat on multiple fronts. The United States-China trade conflict could escalate sharply this week if the Trump administration goes ahead with its threat to slap another US$200 billion worth of tariffs on Chinese products. Meanwhile, Canada resumes fraught negotiations with the US on the future of the North American Free Trade Agreement. Washington has also threatened to slap punishing tariffs on cars from the European Union and Japan.