U.S. Suspends Payments to World Trade Organization (WTO)

SOURCE www.breitbart.com
The U.S. suspended payments to the World Trade Organization (WTO) to reduce spending and challenge organizations seen as against 'America First' policies. Trump administration plans to quit some organizations like the World Health Organization (W.H.O.) and review federal spending.

Key Points

  • U.S. suspends payments to the WTO to align with 'America First' policies
  • Plans to quit organizations like the W.H.O. and review federal spending
  • WTO's annual budget and the U.S. contribution in doubt

Pros

  • Reduction in government spending
  • Challenges organizations perceived as harmful to U.S. interests

Cons

  • Potential negative impact on international relations
  • Loss of influence within the WTO