U.S. mulls withdrawal from WTO's $1.7 trillion purchasing pact -Bloomberg

U.S. mulls withdrawal from WTO's $1.7 trillion purchasing pact -Bloomberg
Representative image Image Credit: Flickr
  • Country:
  • United States

The United States is considering a plan to withdraw from a World Trade Organization pact worth $1.7 trillion in government contracts, Bloomberg reported on Tuesday, citing a source.

Officials in the administration of U.S. President Donald Trump are circulating a draft executive order that will start a U.S. exit from WTO's Government Procurement Agreement (GPA) if the pact is not changed as per U.S. views, the report added https://bloom.bg/2RY86LW.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.