KRISTEN HOPEWELL writes for The Interpreter: Under President Donald Trump, the United States launched an assault on the rules-based multilateral trading system, repeatedly threatening to withdraw from the World Trade Organisation (WTO), sabotaging its enforcement mechanism and blatantly violating its rules by arbitrarily imposing tariffs on all of the major US trading partners and launching a trade war with China. Despite President Joe Biden’s professed commitment to multilateralism, his administration has continued many of Trump’s trade policies. With the world’s dominant power behaving as a rogue state in the trade regime, the WTO has been plunged into crisis.
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