UPDATE 1-US Commerce chief Ross says 'premature' to talk WTO withdrawal -CNBC

[DonViejo]

Source: Reuters




WASHINGTON, July 2 (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Monday it was "premature" for the United States to discuss any withdrawal from the World Trade Organization.

"WTO knows some reforms are needed. I think there really is a need to update and synchronize its activities and we'll see where that leads," Ross told CNBC. "But I think it's a little premature to talk about simply withdrawing from it."

U.S. President Donald Trump has sharply criticized the trade organization. Axios last week reported he wants to withdraw from it, drawing a prompt denial on Friday from Treasury Secretary Steve Mnuchin.

The news website reported on Sunday the Republican president, who has made fighting unfair trade rules a pillar of his presidency, has ordered that legislation be written stipulating a WTO withdrawal.

Read more: https://www.cnbc.com/2018/07/02/reuters-america-update-1-us-commerce-chief-ross-says-premature-to-talk-wto-withdrawal-cnbc.html

[bucolic_frolic]

1. The old WAFFLING to calm public outcry trick

Sometimes I think these guys got their playbook from Maxwell Smart

[Bernardo de La Paz]

3. The Trump Gang ARE amateurs. . . . nt

[TheCowsCameHome]

2. Trump to little baldy - "Shut up, I know what I'm doing"

n/t