Global Business

Azevedo sees no sign of US walking away from WTO

There is no sign that the United States is distancing itself from the World Trade Organization, and negotiations are underway to avert a global trade war, WTO Director-General Roberto Azevedo said in a BBC interview broadcast on Wednesday.

US President Donald Trump has launched a series of tariff-raising moves, upsetting allies and rivals alike.

Trump is also vetoing the appointment of WTO judges, causing a backlog in disputes and threatening to paralyse what is effectively the supreme court of trade. Some trade experts have begun asking if Trump wants to kill the WTO, whose 164 members force each other to play by the rules.

“I have absolutely no indication that the United Sates is walking away from the WTO. Zero indication,” Azevedo said in an interview on the BBC Hardtalk programme, according to excerpts released early by the BBC.

Last month Trump called the WTO a “catastrophe”, and complained the United States had only a minority of its judges. The next day Azevedo gently set him straight, noting that the United States had an unusually good deal, since it had always had one of the seven judges. Asked if the WTO should be thinking about a Plan B without the United States, Azevedo told the BBC that he had not heard anything to suggest that such a situation was on the cards.

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