This article details President Trump's apparent disappointment with the World Trade Organization. After the destruction caused by World War II, the world sought to improve its overall welfare. It did this by creating institutions which encouraged countries to remove tariffs and other barriers ahat restrictetd free trade. Finally, in 1995, the World Trade Organization was created, which brought affluence to millions of people around the globe. President Trump believes that this organization's creaion was a mistake, and that the United States would benefit from removing itself from its binds. The reason for this is because foreign countries have won the majority of the cases wwhich ave been brought up in opposition to American protectionist policies.
In this block, we discussed domestic political institutions and how they affect trade policy. This relationship is a two-level game, in which President Trump must shape the U.S.'s trade policy in a way that is favorable to U.S. citizens. In order to bring prosperity to American companyies, President Trump has come up with methods to apply tariffs on international trading partners. This is in direct violation of the core institutions of the World Trade Organization. The author believes that President Trump would do well to pay attention to the lessons from President Truman and Marshall, both of whom realized the power in avoiding protectionism.
https:/www.wsj.com/articles/trumps-war-on-the-wto-1530723098