Houston Chronicle

Trade ministers call for WTO overhaul

But few details apparent as U.S., Europe disagree on what’s wrong and how to fix it

- By Daniel Politi and Jack Ewing

BUENOS AIRES, Argentina — Trade ministers from the Group of 20 countries said Friday that there was an “urgent” need to overhaul the World Trade Organizati­on, which President Donald Trump has threatened to withdraw the United States from.

The statement by the G-20 ministers after a meeting in Argentina was a tacit acknowledg­ment by world leaders that Trump’s criticism of the WTO and his tariffs have significan­tly weakened the internatio­nal trading system.

Just two years earlier, when Barack Obama was still president, the G-20 trade ministers, who represent countries including China, Japan and the United States, called on world leaders to further reduce barriers to trade.

Diplomats had said they hoped to use the trade ministers meeting in Mar del Plata, a coastal city, to defuse trade tensions — and they claimed a modicum of victory on that score on Friday.

“The fact that we are talking about the reform of the World Trade Organizati­on means that we all agree that we need to have an organizati­on that allows us to establish rules and allows us to work within the framework of internatio­nal trade,” Jorge Faurie, the foreign minister of Argentina, said at a news conference.

What the overhaul will entail, however, remains a mystery.

The United States and the European Union agree that the WTO is dysfunctio­nal, but they disagree on what should be done to fix it. The Trump administra­tion has blocked the reappointm­ent of judges to the WTO’s dispute resolution panel, threatenin­g to cripple it.

“The EU, along with many partners, wishes to see political support from the G-20 to strengthen the WTO’s negotiatin­g, monitoring and dispute settlement functions,” the European Commission said in a statement Friday.

In a reflection of how much things have changed since Trump took office, the statement issued Friday afternoon was much less detailed than the one the G-20’s trade ministers agreed to in 2016 in Shanghai.

Then, the ministers agreed to “further work towards trade liberaliza­tion and facilitati­on.” There was no such language in Friday’s statement, a week after Trump threatened China with another round of tariffs.

Most countries sent Cabinetlev­el officials this week to Mar del Plata, but the United States was represente­d by Dennis Shea, the deputy U.S. trade representa­tive.

Robert Lighthizer, the trade representa­tive, was said to be focusing on talks with Canada, which also did not send its recently appointed trade minister, Jim Carr.

Newspapers in English

Newspapers from United States