The US Treasury Secretary rejects Trump seeking to withdraw from the WTO



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Steven Mnuchin US Treasury Secretary, denied on Friday the accuracy of a report from the Axios information site which, citing sources, claimed that the president Donald Trump wanted his country to leave the World Trade Organization (WTO) .

"There is no news here (…), it's not correct," Mnuchin told Fox Business Network, describing "false news" report .

On Friday, Axios reported earlier, citing sources who participated in discussions with the president, that Trump often commented to advisers that he wanted the United States to leave the WTO, a decision that could have disastrous consequences . ] for world trade.

The Secretary of the Treasury described the report as "an exaggeration".

"The President has been clear (…), about his concerns about the WTO, that he believes that there are aspects that are not fair. consider that China and others have used it to profit but we are focused on fair trade, (…), to bring down the barriers ", has -he explains.

According to Axios' memo, a person who discussed the matter with Trump said that the president often told councilors that "I do not know why we are here." The WTO is designed by the rest of the world to ruin the United States ".

The WTO, composed of 164 members, is the only entity at the international level that regulates the rules of trade between countries and whose purpose, he declares, is to open trade "for the benefit of all".

Axios noted that an exit from the organization would require a US congressional law and that Trump was unlikely to pursue that ambition.

The White House did not immediately respond to requests for review of the matter

Last Friday, the United States indicated to the Board that the decisions on appeal could be opposed if they lasted more than 90 days

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