WTO, WTO - We keep on hearing about WTO Trade will be easy

[SirGalahad]

We keep hearing this claptrap that WTO trade will be easy yet how many of those pushing this option know exactly what they are talking about.

Here is a short video by Vince Cable outlining the issues. The WTO is a weakened organisation. When you have a trade dispute how will it be resolved if the no one will accept the decision of the WTO dispute panels?

https://onlinelibrary.wiley.com/doi/full/10.1111/spsr.12059

https://www.cfr.org/blog/trump-china-and-steel-tariffs-day-wto-died

https://parliamentlive.tv/event/index/e56c8d07-97e5-4b6c-99df-ca4746112735?in=17:26:20&out=17:38:33

If you do bother watching then please answer his questions and points.

 

[Ihavenojob]

Vince Cable

 

[SirGalahad]

"We truly hope that a no-deal Brexit will be avoided and in fact that is the whole wish of the whole world."

Shinzo Abe. If WTO is such a brilliant way to trade why isn't the Japanese PM promoting WTO?

Read the links - WTO is a crap shoot. Why are you snowflakes so afraid to confront reality?

 

[SirGalahad]

U.S. President Donald Trump did not single-handedly kill the WTO yesterday by announcing he would impose tariffs on imported steel and aluminum. It had been dying a slow death for a long time. China in particular never accepted the norms of the WTO, and its spectacular economic success pursuing policies that too often defied the organization’s market-based principles did more than any other country to weaken the legitimacy of the system. The failed Doha Round negotiations, launched in 2001 and never successfully completed, showed that member nations had no capacity to find the compromises needed to update the WTO’s rules. Trump only gave it the final nudge over the cliff yesterday.

So did Brexiteers even know what a failure the WTO has become?

 

[Deleted member 63160]

Here is a short video by Vince Cable

 

[ban-all-sheds]

I wonder if either of the Brexitards who did nothing but laugh at the mention of Vince Cable actually bothered to listen to anything he said, and to consider how true it was? Or to notice that there were two other links in the OP?

I wonder if either of them have a credible claim to know more about it than Mr. Cable, or about economics in general?

 

[motorbiking]

calm down. Brexit has been scrapped, haven’t you heard.

 

[durhamplumber]

U.S. President Donald Trump did not single-handedly kill the WTO yesterday by announcing he would impose tariffs on imported steel and aluminum. It had been dying a slow death for a long time. China in particular never accepted the norms of the WTO, and its spectacular economic success pursuing policies that too often defied the organization’s market-based principles did more than any other country to weaken the legitimacy of the system. The failed Doha Round negotiations, launched in 2001 and never successfully completed, showed that member nations had no capacity to find the compromises needed to update the WTO’s rules. Trump only gave it the final nudge over the cliff yesterday.

So did Brexiteers even know what a failure the WTO has become?

I know what a failure the EU has become.