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U.S. Freezes $24M WTO Funding, Threatening Global Trade Stability

3/28/2025

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Story summary
  • The U.S. is holding back its $24 million contribution to the World Trade Organization's budget for 2024 and 2025, sparking worries among the 165 member nations. This move threatens the very rules-based trading system that America played a pivotal role in creating, leaving many to question its dedication to global trade governance.