Hold onto your avocados and smartphones, folks—global trade just got a reality check. China’s Ministry of Commerce dropped a 2024 report this week accusing the U.S. of undermining the World Trade Organization (WTO) and \"practicing unilateralism\" like it’s a TikTok trend. Here’s the tea. 🫖
WTO or ‘Why the Obstruction?’
The report claims the U.S. has turned from team player to solo act since 2017, using tactics like trade protectionism and anti-dumping measures to shield its industries. Think of it as turning the WTO rulebook into confetti—except nobody’s celebrating. 🎉🚫
Appellate Body in Crisis
Here’s the kicker: The U.S. has reportedly blocked new appointments to the WTO’s top court, the Appellate Body, leaving it paralyzed. Imagine a basketball game with no referees—chaos, right? 🏀🔥
Double Standards? Not a Good Look
The report also calls out \"bullying\" and \"double standards\" in U.S. industrial policies, which critics say have disrupted global supply chains. Translation: Your next gadget or car part might be caught in the crossfire. 📱⚡
China’s message? The U.S. needs to fix its policies, play by the rules, and help reform the WTO. Because in a world where even memes go viral in seconds, fair trade shouldn’t be stuck in 2005. 💻🌍
Reference(s):
From multilateralism to unilateralism: U.S. challenge to global trade
cgtn.com