-->

mo4ch:>Russia says WTO would likely cease to exist if United States quits trade body | Mo4ch News

The US withdrawal from the World Trade Organization (WTO) could lead to the extinction of the regulating body, the Kremlin said following US President Donald Trump’s warning that Washington may leave the organization.“The existence of […] the backbone global economic organization after the world's largest economy leaves it will be a big question, it’s obvious,” the Russian president's spokesman Dmitry Peskov said on Wednesday, as cited by Interfax. However, according to him, whatever the decision, it is a “US internal affair.” At the same time, the Kremlin official emphasized that Russia remains a devoted member of the WTO “with all the ensuing consequences.”Also on rt.comTrump blasts China & India for ‘taking advantage’ of WTO’s developing nations tagAddressing a gathering in Pennsylvania on Tuesday, Trump said he was considering his country's exit from the WTO if conditions within the organization are not improved.“We will leave [the WTO] if we have to. We know that …