Asia Global Institute, The University of Hong Kong
The United States, under President Donald Trump, has found a favored target of criticism in the World Trade Organization. While there is no doubt that the W.T.O. needs urgent reform, the framework it provides—offering the certainty and predictability inherent in a rules-based system—should not be abandoned.
Washington’s threats to end Hong Kong’s special trade status could call into question the city's presence as a separate customs entity and international trading hub.
Another ministerial conference is approaching later this year and, with a new director-general at the helm, there are hopes for a revival in the global body’s fortunes.