The continuing party realignment on trade took another turn this week when Sen. Josh Hawley, R-Mo., published a dramatic proposal: abolish the World Trade Organization. He introduced a joint resolution Thursday in the Senate that would begin America’s withdrawal from that organization.
Citing weaknesses in the world economy that the Wuhan virus epidemic has laid bare, Hawley put forth a case for serious reorganization: “The global economic system as we know it is a relic; it requires reform, top to bottom. We should begin with one of its leading institutions, the World Trade Organization. We should abolish it.”
That is one solution, but another would work even better and more quickly: The industrialized liberal democracies being undermined by Red China could simply withdraw, start their own organization, and leave the WTO to irrelevance.