During his visit to Davos, Switzerland, in January, US President Donald Trump said the WTO has not treated America fairly. Photo: AFP
During his visit to Davos, Switzerland, in January, US President Donald Trump said the WTO has not treated America fairly. Photo: AFP

US revokes WTO subsidy preferences for some developing nations, including China, India and Singapore

  • Move reflects Trump’s frustration that some large economies still receive preferential trade benefits as developing nations at the World Trade Organisation
  • Other economies removed from internal list include Hong Kong, Brazil, South Africa, Thailand, Vietnam and South Korea

During his visit to Davos, Switzerland, in January, US President Donald Trump said the WTO has not treated America fairly. Photo: AFP
During his visit to Davos, Switzerland, in January, US President Donald Trump said the WTO has not treated America fairly. Photo: AFP
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