Great time to leave on WTO terms

[AtW]

“He criticised the G20 for failing to address the “scale [and] urgency of the challenges facing the global trading system” and warned “the WTO could be facing an existential crisis”.”

Liam Fox warns WTO is 'in crisis' as businesses told to brace for no-deal Brexit

[BlasterBates]

China just raised it's steel tariffs:

China hikes anti dumping duties on steel

Welcome to the WTO.

[AtW]

China just raised it's steel tariffs:

China hikes anti dumping duties on steel

Welcome to the WTO.

Jam is safe though?

[meridian]

Great time to leave on WTO terms

“He criticised the G20 for failing to address the “scale [and] urgency of the challenges facing the global trading system” and warned “the WTO could be facing an existential crisis”.”

Liam Fox warns WTO is 'in crisis' as businesses told to brace for no-deal Brexit

China just raised it's steel tariffs:

China hikes anti dumping duties on steel

Welcome to the WTO.

The two stories are linked.

The WTO only provides the framework for remedies. With the current trade wars under way, the WTO is in danger of being swamped with requests for independent arbitration.

Without the WTO, or if we left the WTO, there would be no recourse at all, might vs right. And China, the USA, and the EU are the only major economies with the might.

[Uncle Albert]

Jam is safe though?

Not for Jeremy Hunt:
From Wiki
"After university Hunt worked for two years as a management consultant at OC&C Strategy Consultants, and then became an English language teacher in Japan.[14]

On his return to Britain he tried his hand at a number of different entrepreneurial business ventures, with three failed start-ups[15] including an attempt to export marmalade to Japan."