Donald Trump has a plan to ditch the WTO and return to tariffs.
Not a surprise, it was something that he has campaigned on, but it is called the Fair and Reciprocal Tariff Act, or FART act.
Seriously, they aren't even trying any more:
A report that Donald Trump is looking to walk away from the World Trade Organisation and instead adopt a United States Fair and Reciprocal Tariff Act, or Fart Act, has been greeted with loud amusement on Twitter.
Axios reported that it had received a leaked early draft of a bill ordered by the president, that would see America take the unlikely step of abandoning WTO rules, allowing Trump to raise tariffs without the consent of Congress.
The bill – the existence of which has not been independently confirmed – would be a dramatic shift in trade policy with wide-reaching impacts, but it was the name of the proposed bill that caught people’s attention.
In 2021, I fear that our President will be Pauley Shore.I am not joking.
The Weasel will be the next President of the United States of America.
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