US Edition
White House drops World Trade Organization from list of funding cuts
- On September 3, the White House quietly excluded the World Trade Organization from its proposed $4.9 billion reductions in foreign aid funding.
- The decision was part of a wider effort by the Trump administration and its Make America Great Again agenda to cut international expenditures and prioritize domestic issues.
- The 2024 Geneva-based WTO had a $232 million budget, with the US responsible for about 11%, and the administration still owed the WTO money for 2024 funding.
- WTO Director-General Ngozi Okonjo-Iweala said on September 2 she worked with the US Trade Representative's office to resolve funding issues amid concerns that cutting US support would create a geopolitical vacuum favoring China.
- The reversal of the funding cut avoided immediate loss of US WTO contributions, but the future of US support remains unclear pending further discussions.
32 Articles
32 Articles
Malay Mail
AlKhaleej TodayTrump pulls the plug on billions in foreign aid, but WTO and ILO make an unexpected escape from the cut list
GENEVA, Sept 5 — The World Trade Organisation and the International Labour Organisation told AFP on Thursday that they no longer figured among entities targeted in the White House’s latest round of foreign aid cuts.US President Donald Trump’s Republican administration announced last Friday that it was cancelling US$4.9 billion of congressionally-approved foreign aid, sparking outrage among Democrats.In a memo detailing the cuts, the administrati…
White House drops World Trade Organization from list of funding cuts
The White House has quietly dropped the World Trade Organization from a list of $4.9 billion in foreign aid cuts announced last Friday after the move sparked concern among lawmakers, trade groups and the head of the global trade body.
InsideNoVA.com
White House quietly drops WTO, ILO from foreign aid cut list
The World Trade Organization and the International Labour Organization told AFP on Thursday that they no longer figured among entities targeted in the White House's latest round of foreign aid cuts.
The World Trade Organization (WTO) and the International Labour Organization (ILO) reported Thursday to the AFP that they had been removed by the US administration of Donald Trump from the last list of organizations targeted by budget cuts.
White House Quietly Drops WTO From Foreign Aid Cuts After Backlash
The White House has quietly dropped the World Trade Organization from a list of $4.9 billion in foreign aid cuts announced last Friday after the move sparked concern among lawmakers, trade groups and the head of the global trade body.
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