He said this at a press conference in Davos following a trip to the World Economic Forum.
“The WTO has been unfair to the United States for many years. This has been used by developing countries. China has ended up where it is now, thanks to the WTO, ”Trump quotes TASS.
He emphasized that a WTO delegation led by CEO Robert Azevedo could visit Washington in the next two weeks.
“We are going to do something meaningful,” the American president said.
Earlier, the official representative of the State Committee for Development and Reform of the People's Republic of China, Meng Wei, said that the signing of the first phase of a trade deal with the United States will allow China to increase the competitiveness of the domestic market and provide consumers with better products and services.
January 15, China and the United States signed an agreement on the first phase of the trade transaction.
The South China Morning Post reported that the agreement provides for the procurement by China of US goods from four industries worth about $ 200 billion over two years.
Yuri Rogulev, director of the Roosevelt United States Research Foundation at Moscow State University, in an interview with NSN, noted Washington’s desire to restore balance in trade relations with Beijing.