President Donald Trump has reportedly suggested withdrawing the US from the World Trade Organization (WTO), a move that would throw global trade into wild disarray.
Trump, who is a fierce critic of the WTO, had repeatedly talked with his advisers about the issue, Axios reported on Friday, citing people involved in the talks.
“He’s [threatened to withdraw] 100 times. It would totally [screw] us as a country,” a source familiar with White House talks told Axios.
“We always get f***** by them [the WTO]. I don’t know why we’re in it. The WTO is designed by the rest of the world to screw the United States.”
Trump has been critical of the WTO since the campaign trail and once he told NBC that the WTO was a “disaster”.
Meanwhile, US Treasury Secretary Steven Mnuchin toned down the report, calling it ”an exaggeration.”
Mnuchin said the president “has concerns about the WTO. He thinks there’s aspects that aren’t…