This week, a core function of the World Trade Organisation (WTO) — founded in 1995 to govern the rules of trade between 164 countries — ground to a halt.

The reason for that was US President Donald Trump, who has never really had much time for multilateral institutions. The WTO has been on his hit list for some time as an entity that he says has taken advantage of the US and favoured China...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.