The White House has reversed plans to cut US funding for the World Trade Organization (WTO) after backlash from lawmakers, trade groups. US President Donald Trump's administration had announced $4.9B in cuts to global programmes, calling WTO "toothless." Trade groups warned a 'US pullback' would let rivals like China fill the gap. The WTO reference was later scrubbed from the White House site.
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01:45 pm on
04 Sep