日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
China / View

US selfishly sabotages WTO appellate body

(CHINA DAILY) Updated: 2019-12-11 00:00

Were it not for Washington obstructing the appointment of new judges, the de facto supreme court for world trade would not have stopped functioning on Wednesday. Although the paralysis of the appellate body of the World Trade Organization is what the United States has sought, it will prove to be its undoing.

The appellate body is supposed to have seven judges, and three are needed to hear an appeal. But new judges have been unable to be named to replace those whose terms expired as presidents George W. Bush, Barack Obama and Donald Trump have blocked any new appointments. As a result their number had dwindled to three. With the terms of two ending on Tuesday, the appellate body can no longer function as it has only one judge.

The WTO's lower court, the dispute settlement body, can still hear cases. But its rulings are essentially meaningless since the loser can appeal to the no longer functioning higher court.

It is not that the US wants a jungle law for world trade. It simply wants a global trading system that favors it. In recent years, the WTO appellate body has ruled time and again that the US has been behaving badly, that its time-honored tools, such as countervailing duties on countries accused of flooding the US market and harming US manufacturers, are illegal-the US has not been happy.

As the world's sole superpower, the US always believes that it can maintain its dominance by riding roughshod over the concerns and interests of other countries as it did in the past.

What it has forgotten is the fact that the world is not what it was, and neither is the landscape of world trade. The emerging economies have a growing share of the world economy, so their voices must be heard and their concerns fairly addressed.

Letting the "lights go out" at the appellate body is delivering what is "no doubt the most severe blow to the multilateral trading system since its establishment", Zhang Xiangchen, China's ambassador to the WTO, said.

But while the US may gain some immediate benefit in its trade battles with other countries, in the long run, what it is doing will only harm itself.

With efforts underway to establish an ersatz appellate body to arbitrate future trade disputes, it is evident that other countries are opposed to economic nationalism favored by the US.

Having heeded the lessons of Smoot-Hawley tariffs and the destructive policies implemented in those times, they want fair, rules-based economic relationships, not relationships determined by how much clout an economy has.

Highlights
Hot Topics

...
主站蜘蛛池模板: 欧美精品一区二区三区四区 | 我要看免费的毛片 | 精品视频一二三 | 97成人精品 | 日韩免费久久 | 中文字幕精品在线观看 | 婷婷久| 一级欧美一级日韩片 | 国产三级高清 | 中文字幕+乱码+中文字幕一区 | 日韩亚洲一区二区三区 | 国产一道本 | 久久在线精品视频 | 夜夜欢视频 | 99久久婷婷| 国产黄色免费观看 | 成年人在线观看视频网站 | 在线欧美一区 | 日韩在线视频一区二区三区 | 警花观音坐莲激情销魂小说 | 国产一级在线观看视频 | 手机免费av | 深夜福利在线视频 | 男人天堂网在线 | 一二三四在线观看视频 | 成人欧美精品 | 欧美性猛交ⅹ乱大交3 | 根深蒂固在线 | 91免费入口 | 最近日韩免费视频 | 久久综合五月天 | 在线观看中文字幕亚洲 | 91久久久久久久久久久 | 中文字幕亚洲专区 | 欧美一级视频免费观看 | 变态 另类 国产 亚洲 | 色综合中文| 337p粉嫩大胆色噜噜噜 | 国产成人精品综合久久久久99 | 麻豆91在线观看 | 在线观看日本中文字幕 |