EU To Set Up Global Trade Alternative, Challenging US Dominance (Worthy News In-Depth) - Worthy Christian News

EU To Set Up Global Trade Alternative, Challenging US Dominance (Worthy News In-Depth) - Worthy Christian News

By Stefan J. Bos, Worthy News Europe Bureau Chief GENEVA/BUDAPEST (Worthy News) – Preparations are underway to establish a European Union-led alternative to the World Trade Organization (WTO) as part of a new global marketplace that would challenge America’s economic clout. The EU’s executive, European Commission President Ursula von der Leyen and German Chancellor Friedrich Merz, say the WTO, founded in 1995, is broken. “You all know that the W…

EU and Germany push for a new World Trade Organization

Brussels and Berlin have launched a new initiative aimed at bypassing the long-standing paralysis of the World Trade Organization, as caused by the United States. But how viable is such a solution?

EU and Germany promote a brand-new World Trade Organization- DW- 07/04/2025

A proposition, introduced by European Commission President Ursula von der Leyen and German Chancellor Friedrich Merz, has really triggered vital curiosity. Speaking on the finish of a prime of EU leaders in Brussels on June 27, they drifted the idea of the EU taking the lead in creating an choice to the World Trade Organization (WTO), the globe occupation physique that has really remained in space as a result of 1995. Merz said the idea remained…