Mnuchin denies Trump wants out of WTO

In an interview with Fox Business Network, Treasury Secretary Steven Mnuchin denied an Axios report that President Trump has been privately suggesting that he wants the US to withdraw from the World Trade Organization.

Posted: Jul 1, 2018 10:49 AM
Updated: Jul 1, 2018 11:05 AM

President Donald Trump has been privately suggesting that he wants the US to withdraw from the World Trade Organization, according to a new report.

Trump has been repeatedly telling White House officials he wants out from the global trade organization, Axios reported Friday.

"He's (threatened to withdraw) 100 times. It would totally (screw) us as a country," a source who's discussed the subject with Trump told Axios.

The source also told the publication that Trump has lamented, "We always get f---ed by them. I don't know why we're in it. The WTO is designed by the rest of the world to screw the United States."

The President's economic advisers have pushed back when Trump raises the idea of withdrawing from the organization that regulates international trade, Axios reported, citing sources with direct knowledge.

Treasury Secretary Steve Mnuchin pushed back against the report during an interview Friday morning with Fox Business Network's Maria Bartiromo, calling it "fake news."

"This is an exaggeration. The President has been clear with us and with others. He has concerns about the WTO. He thinks there's aspects of it that are not fair. He thinks that China and others have used it to their own advantage," Mnuchin said.

CNN has reached out to the White House for comment.

About 160 countries belong to the WTO, including the US, the UK, Canada, Mexico and China.

The WTO serves as a place to negotiate changes to existing agreements and, when issues come up, for member countries to mediate any disputes.

The report comes after Trump imposed tariffs on steel and aluminum from the US' biggest trading partners and slapped tariffs on $50 billion of Chinese goods.

Trump has publicly complained about the WTO. At a listening session with steel and aluminum executives at the White House in March, Trump said that the "WTO has been a disaster for this country."

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 33558

Reported Deaths: 2110
CountyConfirmedDeaths
Marion9616571
Lake3538185
Cass15897
Allen145168
St. Joseph124834
Elkhart116328
Hendricks116171
Hamilton115693
Johnson1093108
Madison58559
Porter51627
Bartholomew50034
Clark49241
LaPorte42423
Howard39526
Tippecanoe3903
Jackson3791
Delaware37736
Shelby36822
Hancock32728
Floyd31839
Boone30935
Morgan27824
Vanderburgh2652
Montgomery23517
White2318
Decatur22431
Clinton2231
Noble21121
Grant20621
Harrison19221
Dubois1923
Henry16910
Greene16824
Monroe16612
Warrick16628
Dearborn16621
Vigo1648
Lawrence15423
Miami1411
Putnam1367
Jennings1304
Orange12522
Scott1193
Kosciusko1111
Franklin1098
Ripley1086
Carroll922
Marshall901
Daviess8516
Steuben812
Newton7710
Wayne776
Fayette767
Wabash762
LaGrange712
Jasper651
Washington521
Jay500
Fulton481
Clay471
Rush462
Randolph463
Pulaski460
Jefferson431
Whitley393
Starke363
Sullivan341
Owen341
Brown331
DeKalb331
Perry310
Benton300
Knox290
Wells280
Huntington272
Tipton251
Crawford240
Blackford242
Fountain202
Switzerland200
Spencer191
Parke170
Posey160
Gibson142
Adams131
Ohio130
Warren121
Martin110
Vermillion100
Union80
Pike60
Unassigned0164
West Lafayette
Broken Clouds
73° wxIcon
Hi: 74° Lo: 50°
Feels Like: 73°
Kokomo
Broken Clouds
70° wxIcon
Hi: 69° Lo: 46°
Feels Like: 70°
Rensselaer
Broken Clouds
68° wxIcon
Hi: 70° Lo: 45°
Feels Like: 68°
Fowler
Broken Clouds
68° wxIcon
Hi: 71° Lo: 47°
Feels Like: 68°
Williamsport
Scattered Clouds
73° wxIcon
Hi: 73° Lo: 49°
Feels Like: 73°
Crawfordsville
Broken Clouds
69° wxIcon
Hi: 72° Lo: 50°
Feels Like: 69°
Frankfort
Overcast
73° wxIcon
Hi: 72° Lo: 48°
Feels Like: 73°
Delphi
Broken Clouds
69° wxIcon
Hi: 72° Lo: 47°
Feels Like: 69°
Monticello
Broken Clouds
69° wxIcon
Hi: 72° Lo: 46°
Feels Like: 69°
Logansport
Broken Clouds
70° wxIcon
Hi: 71° Lo: 45°
Feels Like: 70°
Cooler, less humid weather ahead by the weekend.
WLFI Radar
WLFI Temps
WLFI Planner

COVID-19 Important links and resources

As the spread of COVID-19, or as it's more commonly known as the coronavirus continues, this page will serve as your one-stop for the resources you need to stay informed and to keep you and your family safe. CLICK HERE

Closings related to the prevention of the COVID-19 can be found on our Closings page.

Community Events