How do we feel coming out of Cameroon? So yes, there are consequences, right? People tried to construe that as a threat. It was not a threat. It was a description of reality. If the WTO fails to adjust to how the world trade system needs to change, then the consequences are that the WTO becomes even less relevant than it already is. So those are the consequences. They're happening right now. In the lead up to MC14, which was this big ministerial meeting you do every two years at the WTO, the United States prepared in good faith in how to approach this. (05:55–06:05)
CLAIM
Asserts that the WTO risks becoming less relevant if it does not adapt to changes in the world trade system.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
