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A Trade War on the Poor

How a Collapse of the WTO Would Hurt the Worst Off

A crane lifts steel wires at a factory of the Dongbei Special Steel Group Co., Ltd. in Dalian, Liaoning province, China November 27, 2017. Reuters

Last week, President Donald Trump’s announcement that he would be slapping steep tariffs on imported steel and aluminum set off fears of a global trade war. But in reality, the international trading system has been unraveling for some time. After taking a quick glance at the World Trade Organization today, one might be excused for believing that it is a dead man walking. 

Recurrent deadlocks have plagued the Doha negotiations since their launch in 2001, damaging the credibility of the organization that oversees this unfortunate negotiation process. The WTO’s Ministerial Conference in Nairobi in 2015, which coincided with the 20th anniversary of the WTO’s founding, should have been a moment for celebration. Instead, it turned out to be an embarrassment: for the first time the Ministerial Declaration reflected not consensus but fundamental division over whether even to reaffirm the Doha mandates, which had sought to launch an ambitious round

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