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No special treatment to China, India, S Africa, Indonesia at WTO, says Trump

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2019-07-22T182611Z_1_LYNXNPEF6L1K4_RTROPTP_3_USA-TRUMP_1563824882155_1564234091939.JPG

US President Donald Trump


Developing CountriesDonald TrumpWTO

Geneva: Continuing his trade wars on multiple fronts, President Donald Trump has dropped another bombshell. He threatened on Friday that the US will no longer treat China, India, South Africa, and Indonesia as developing countries for availing special and differential treatment during the current and future multilateral trade deals negotiated at the World Trade Organization (WTO).

The US, he said, will “use all available means to secure changes at the WTO that would prevent self-declared developing countries from availing themselves of flexibilities in WTO rules and negotiations that are not justified by economic and all other indicators."

In 90 days, China, India, South Africa, Indonesia , and 30 more countries must stop designating themselves as developing countries for availing what is referred to as the S&DT (Special and Differential Treatment).

Otherwise, the US

(a) “will not support any such country’s membership in the OECD (the Organization for Economic Cooperation and Development)";

(b) “consider the WTO member’s involvement in global trade, membership in key economic decision-making groups, placement within relative economic and other indicators, and any other factors the USTR (United States Trade Representative) deems appropriate"; and

(c) the USTR shall publish on its website a list of all self-declared developing countries that the USTR believes are inappropriately seeking the benefit of developing country flexibilities in WTO rules and negotiations."


https://www.livemint.com/news/india...ndonesia-at-wto-says-trump-1564233312851.html
 
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Trump is right: China can’t be hardly classified as a developing aka poor country, so many other countries.
 
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lol. Tough negotiator.

Indian diplomats will have their hands full.
 
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2019-07-22T182611Z_1_LYNXNPEF6L1K4_RTROPTP_3_USA-TRUMP_1563824882155_1564234091939.JPG

US President Donald Trump


Developing CountriesDonald TrumpWTO

Geneva: Continuing his trade wars on multiple fronts, President Donald Trump has dropped another bombshell. He threatened on Friday that the US will no longer treat China, India, South Africa, and Indonesia as developing countries for availing special and differential treatment during the current and future multilateral trade deals negotiated at the World Trade Organization (WTO).

The US, he said, will “use all available means to secure changes at the WTO that would prevent self-declared developing countries from availing themselves of flexibilities in WTO rules and negotiations that are not justified by economic and all other indicators."

In 90 days, China, India, South Africa, Indonesia , and 30 more countries must stop designating themselves as developing countries for availing what is referred to as the S&DT (Special and Differential Treatment).

Otherwise, the US

(a) “will not support any such country’s membership in the OECD (the Organization for Economic Cooperation and Development)";

(b) “consider the WTO member’s involvement in global trade, membership in key economic decision-making groups, placement within relative economic and other indicators, and any other factors the USTR (United States Trade Representative) deems appropriate"; and

(c) the USTR shall publish on its website a list of all self-declared developing countries that the USTR believes are inappropriately seeking the benefit of developing country flexibilities in WTO rules and negotiations."


https://www.livemint.com/news/india...ndonesia-at-wto-says-trump-1564233312851.html
CN, ID love bragging that they r "rich" here, ok, the rich must stop taking special treatmen from the poor. Thats fair and square :cool:
 
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CN, ID love bragging that they r "rich" here, ok, the rich must stop taking special treatmen from the poor. Thats fair and square :cool:
China Gdp per capita is $10,000. That is too high to be considered as poor. any country with more than $4,000 can’t be considered as poor. They can’t take advantage from WTO. The advantages should only be given to poor countries.

Indonesia is too rich to take advantage from the WTO.
 
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thats fair, Indonesia is an emerging economic powerhouse, one with trillion GDP unlike some busybody who is nothing at all
 
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China Gdp per capita is $10,000. That is too high to be considered as poor. any country with more than $4,000 can’t be considered as poor. They can’t take advantage from WTO. The advantages should only be given to poor countries.

Indonesia is too rich to take advantage from the WTO.
Haha right, CN is "too rich" now, thats why Xi dont try hard to forces VN to remove the oil rig inside its U-shaped claims now ( we all know CN threatened war against VN when we tried to put the rig there before CN-US trade war happen)

ID also" super rich" now, thats why we didnt see they send warship to capture our fishing boast inside the disputed zone anymore after our guard ship ram theri warship so hard :lol:
 
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Lol, if Indonesia is not a developing countries means we are already a developed country :partay: I think Trump need to check Indonesia and India GDP per capita before making any statement.
 
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Lol, if Indonesia is not a developing countries means we are already a developed country :partay: I think Trump need to check Indonesia and India GDP per capita before making any statement.
If Trump know PDF, then he will see ID members here keep boasting "ID is in trillion dollar club".

Wow, u guys r super rich wt trillion dollar, so stop stealing treatment from real poor nations :cool:
 
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Haha right, CN is "too rich" now, thats why Xi dont try hard to forces VN to remove the oil rig inside its U-shaped claims now ( we all know CN threatened war against VN when we tried to put the rig there before CN-US trade war happen)

ID also" super rich" now, thats why we didnt see they send warship to capture our fishing boast inside the disputed zone anymore after our guard ship ram theri warship so hard :lol:

recently in July we got six more vessels, and all hands aboard. They should be made into offering for Sea Goddesses

https://www.merdeka.com/uang/vietna...donesia-saat-kejar-pelaku-pencurian-ikan.html
 
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Lol, if Indonesia is not a developing countries means we are already a developed country :partay: I think Trump need to check Indonesia and India GDP per capita before making any statement.
Sorry bro. You are in G20. The club of the rich. Trump is right in stripping all of the privileges.
 
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Sorry bro. You are in G20. The club of the rich. Trump is right in stripping all of the privileges.

He is also pointing his finger to other 30 countries, so it is just not China, South Africa, Indonesia and India. The condition look like to be tough if Trump get reelected. We just need to wait and see, but I think Trump idea will get difficulty to be accepted by WTO.
 
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2019-07-22T182611Z_1_LYNXNPEF6L1K4_RTROPTP_3_USA-TRUMP_1563824882155_1564234091939.JPG

US President Donald Trump


Developing CountriesDonald TrumpWTO

Geneva: Continuing his trade wars on multiple fronts, President Donald Trump has dropped another bombshell. He threatened on Friday that the US will no longer treat China, India, South Africa, and Indonesia as developing countries for availing special and differential treatment during the current and future multilateral trade deals negotiated at the World Trade Organization (WTO).

The US, he said, will “use all available means to secure changes at the WTO that would prevent self-declared developing countries from availing themselves of flexibilities in WTO rules and negotiations that are not justified by economic and all other indicators."

In 90 days, China, India, South Africa, Indonesia , and 30 more countries must stop designating themselves as developing countries for availing what is referred to as the S&DT (Special and Differential Treatment).

Otherwise, the US

(a) “will not support any such country’s membership in the OECD (the Organization for Economic Cooperation and Development)";

(b) “consider the WTO member’s involvement in global trade, membership in key economic decision-making groups, placement within relative economic and other indicators, and any other factors the USTR (United States Trade Representative) deems appropriate"; and

(c) the USTR shall publish on its website a list of all self-declared developing countries that the USTR believes are inappropriately seeking the benefit of developing country flexibilities in WTO rules and negotiations."


https://www.livemint.com/news/india...ndonesia-at-wto-says-trump-1564233312851.html

They can't dictate ultra super power India. India will show them their place.
 
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He is also pointing his finger to other 30 countries, so it is just not China, South Africa, Indonesia and India. The condition look like to be tough if Trump get reelected. We just need to wait and see, but I think Trump idea will get difficulty to be accepted by WTO.
Trump will be re-elected. 99.99 percent.
 
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