WTO Reform Urgently Needed to Combat Rising Protectionism and Trade Wars
The article discusses the need to reform the World Trade Organization (WTO) due to challenges like trade protectionism and decision-making issues. In 2018, the EU proposed a plan for modernizing the WTO, but the involvement of the U.S. and China is crucial for successful reform. The U.S.'s current trade policies are causing complications in the reform process. Overall, the article suggests that WTO reform will be a complex and lengthy process.