Lucian Nicolescu
Paul KrugmanUnderreported story (more about it tomorrow). The WTO said Trump national security tariffs were illegitimate; the Biden administration (!) told the WTO to stuff it 1/ https://www.politico.com/news/2022/12/09/wto-ruling-trump-tariffs-violate-rules-00073282
I assume that this is less about the substance of those particular tariffs than about principle. Biden is taking a much more aggressive stance toward China than most people realize 2/
This is actually about national security, not Trumpian mercantilism; but Biden et al are telling the WTO that it doesn't get to decide what's a valid natsec concern 3/
Htaggert@pkrugman you know I wonder if ppl realize that Mark Swidan is an American held wrongfully in China since 2012… perhaps that more aggressive stance might get this unfortunate man home.
Henry Farrell@pkrugman It is a source of amazement to me that the _Financial Times_ hasn't run a story on this. I'm presuming that Alan Beattie will be talking about it in his newsletter roundup, but there was a time, and so long ago either, when this would have been a front page headline.
Rumblestiltskin@pkrugman
The USA will force other countries to accept WTO rulings but will not let it change their policies.
The USA will force other countries to accept WTO rulings but will not let it change their policies.
spherulitic@pkrugman It tells you a lot about the right that they'll ignore a big policy win -- the US President tells the WTO to cram it -- because he's not on "their team". There aren't any sincere policy positions over here -- it's just grievances and nihilism all the way down.
LeoElLeon@pkrugman These types of stances used to be normal for all administrations, before Gingrich, Atwater, DeLay & other extreme right ideologists infected everything w/ their rank ideological obsessions. Ever since, Republican politicians have reneged principle & rational behavior, opposing the sound defense of US interests if those were being promoted by Democrats. Most of what Trump did was corrupt or idiotic but, like the proverbial broken clock, a few times he did what was needed