Is it true tho, i read online before that skme wto judge/arbiters(?) Positions r still vacant bcoz of their veto?
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- Thread starter bd popeye
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WTO is not functional rn. China, EU and other countries though have set up another way of bypassing this, Multi-Party Interim Appeals Arrangement, so when they have disputes between themselves they just use that and not the WTO system that US is blocking
So yes, China's WTO case against US won't go anywhere
In the last days of Chu, they also renounced any attempt to claim hegemony.
It did not save them.
China has no reason nor gain from retracting their own bid just because US did it, if anything, it just strengthens it.
He sees everything from a B2B perspective - I give you great volume, yet you buy jack all from me. You are getting my money (money is a limited resource because I don't create it), yet you are giving me a pittance in exchange
That's not necessarily the case, like Ukraine vs. Russia. If both are determined to fight to the end, sure, the one with the bigger numbers will win. However, even in that case the weaker parties can still fight on for a long time and cause significant damage, especially if there's outside support. Then there are situations like Afghanistan or Vietnam, where the stronger party simply isn't as determined as the weaker party and would sooner declare "victory" and withdraw.
The issue with Trump is that he didn't spend enough time and effort to build his case. Even emperors in dynastic China needed to have a reason and make a case to take drastic actions like demoting a high level official. The US has spent decades building the case against China, but there's been almost no effort to build the case against Mexico and Canada. At least half of the US is unconvinced, and Canadians and Mexicans are even more blindsided. This weakens the resolve within, and toughens the resolve without.
I will NEVER give up my beloved pork!!!!!!!!