Is the World Trade Organization still relevant?

from Parley by The Hindu Hosted by TheHindu

United States President Donald Trump’s ‘reciprocal tariffs’ have been compared to the Smoot-Hawley tariffs of the 1930s, which many say hastened the slide into the Great Depression. The difference between the 1930s and now is that we have the World Trade Organization (WTO) to oversee and enforce global trade rules. However, some argue that over the years, the WTO has gradually lost its compass and is in need of massive reforms. Is the WTO still relevant? Here we discuss the question. Guests: Mohan Kumar, Professor of Diplomatic Practice at the Jindal School of International Affairs, O.P. Jindal Global University. He previously served as India’s lead negotiator at GATT and WTO; Mark Linscott, Senior Adviser with the U.S.India Strategic Partnership Forum and former assistant, United States Trade Representative for South and Central Asia Host: Samreen Wani You can now find The Hindu’s podcasts on Spotify, Apple Podcasts and Stitcher. Search for Parley by The Hindu. Write to us with comments and feedback at [email protected]