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A New U.S. Approach to the WTO?
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U.S. Trade Representative, Katherine Tai’s recent speech about the World Trade Organization was shocking. Why? Because she openly and frankly discussed the yawning gap between the WTO’s expansive rules and what is right and good for people and the planet. And she made clear that the rules of the global commerce agency need a major redo.
That sort of tough love may be the last chance for the WTO, which has suffered a deepening legitimacy crisis for decades. Today WTO intellectual property barriers empower a few pharmaceutical corporations to limit how much vaccine is made, prolonging the pandemic.
In this episode we unpack USTR Tai’s recent comments and what they mean for the future of the WTO.
Learn more: www.tradewatch.org
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Music: Groove Grove by Kevin MacLeod.
Link: https://incompetech.filmmusic.io/song/3831-groove-grove.
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