Why there's no referee for the trade war

为何贸易战中没有裁判?

The Indicator from Planet Money

商务

2025-03-19

9 分钟
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Thirty years ago, the U.S. helped create the World Trade Organization, a group of countries linked by a common set of free trade agreements. But then the U.S., starting with the Obama administration, turned against the WTO. This leaves a void where there should be a referee to settle trade disputes between countries. On today's show, how American grievances paralyzed the WTO's dispute settlement system and what happens when the U.S. no longer wants to play by the rules it once agreed to. Related listening: A polite message from Canada to the U.S. (Apple / Spotify)Trump's contradictory trade policies (Apple / Spotify) Worst. Tariffs. Ever. (Update) (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Tyler Jones. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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  • Npr.

  • This is the indicator from Planet Money.

  • I'm Wayland Wong.

  • And I'm Adrienne Ma.

  • You know, in the midst of the Trump administration's trade war,

  • you might be wondering, is there some sort of neutral third party here,

  • you know,

  • some authority figure that can step in and stop this carnival ride of imposing tariffs than suspending those tariffs and threatening more tariffs and retaliating with tariffs?

  • The global economy does actually have a kind of mediator for these disputes.

  • The World Trade Organization and Canada and China have filed complaints against the US with the wto.

  • There's just one problem, though.

  • The WTO essentially is a lame duck,

  • and it's the US that has been blocking it from playing referee on these trade disputes.

  • And this hamstringing of the WTO did not start with Trump.

  • It actually goes back to the Obama.

  • Years today on the show.

  • What made the US Turn against the wto, an organization it helped create?

  • And how are other countries redefining their relationships in a system where the US No Longer wants to cooperate?

  • There's a lot of news happening.

  • You want to understand it better, but let's be honest,