Canada to Propose WTO Reform Amid U.S. Protectionism

The transcript discusses the impact of the Trump administration's decision to block the reappointment of the WTO Appellate Body, which has stalled WTO operations. It highlights the potential consequences of a US withdrawal from the WTO, which could be more significant than the US-China trade war. The transcript also covers China's request to the WTO for permission to retaliate against the US for not complying with a ruling on anti-dumping duties. The escalating trade war between the US and China is examined, with potential economic impacts such as job losses in China if the US imposes further tariffs.

What actions did the Trump administration take regarding the WTO Appellate body?

How did the US's actions impact the international trade system according to the text?

What was China's request to the WTO in response to the US's actions?

What potential economic consequences did JP Morgan predict for China if the trade war escalates?

What factors could influence the number of jobs China might lose due to retaliatory actions?