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VoM News > Breaking News > US trade chief Jamieson Greer sees only limited role for World Trade Organization after failed meeting in Cameroon

US trade chief Jamieson Greer sees only limited role for World Trade Organization after failed meeting in Cameroon

    US trade chief Jamieson Greer sees only limited role for World Trade Organization after failed meeting in Cameroon

    WASHINGTON, March 30 (Reuters) – The World Trade Organization will play only a limited role in global trade policy after ​a failed ministerial meeting in Cameroon, U.S. Trade ‌Representative Jamieson Greer said on Monday, vowing to seek alternative arrangements s with like-minded countries.

    Greer, said in a statement issued ​nearly 24 hours after the WTO meeting ended ​in impasse after an extension of an e-commerce ⁠moratorium was blocked by Brazil and Turkey, said ​he was “disappointed at the lack of seriousness” shown by ​many WTO member countries in embracing a broadly acceptable reform agenda.

    “I have always been skeptical of the value of the WTO, ​and this week’s conference confirmed that this organization will ​play only a limited role in future global trade policy efforts,” ‌said ⁠Greer, who has been the architect of President Donald Trump’s multi-front tariff assault on global trading partners.

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    Greer said that he was disappointed that the e-commerce moratorium ​on tariffs on ​digital transmissions ⁠had to lapse after being routinely extended for 28 years.

    “Fortunately, the United States has ​secured commitments from dozens of countries — and ​nearly ⁠all of our major trading partners — not to impose tariffs on U.S. digital transmissions,” Greer added. “If the WTO ⁠cannot ​achieve this commonsense aim, the United ​States will work outside of the WTO with all interested partners to ​get it done.