Peterson Institute for International Economics

Will the United States Leave the World Trade Organization?

Donald Trump has announced that if necessary, the United States will leave the World Trade Organization (WTO), AFP reports.

During a visit to Pennsylvania, the president announced, "We know the WTO has been screwing us for years. That won't happen again. "

The World Trade Organization is often the target of various attacks by Donald Trump.

An idea for incentive-compatible debt relief

In previous Notes for Discussion, we have looked at a long-term plan to bring the debt down; issues in state enterprises and whether these might be best managed in the private sector or by public sector managers; and the public sector balance sheet, which should reflect all the debt but also all the assets that the government owns.