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Exclusive: US pauses financial contributions to WTO, trade sources say www.reuters.com US has paus

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Exclusive: US pauses financial contributions to WTO, trade sources say
www.reuters.com
  • US has paused funding for 2024 and 2025, trade sources say
  • WTO dispute system hobbled since Trump's first term
  • US could be subject to punitive measures by WTO
  • US is the top contributor to WTO budget
GENEVA, March 27 (Reuters) - The United States has paused contributions to the World Trade Organization, three trade sources told Reuters, as U.S. President Donald Trump's administration ramps up efforts to cut government spending.
The Trump administration is retreating from global institutions it sees as at odds with his "America First" economic policies. It plans to quit some, such as the World Health Organization, and has cut contributions to others as part of a broad review of federal spending.
 
 
 

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