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Top White House Economic Adviser suggest that China should be kicked out of WTO




The chairman of the Council of Economic Advisers, Kevin Hassett, suggested on Monday that the U.S. and other members of the Organization (WTO) may have to kick out of the body if doesn’t start playing by the rules. Hassett is a free trade advocate and not one of administration’s China trade hawks.

Hassett faulted China for flouting the intellectual property rules for too long, and said could find itself outside the WTO if doesn’t start respecting those rules.

He said: “China really needs to make up its mind,” Hassett said on Fox News. “Do they want to be in the community of nations, do they want to be part of the WTO and just behave like everybody else, or don’t they?”

Adding: “And if they don’t, then we, the community of nations, are going to have to think about what are we going to do about that?” he asked. “Are we going to let them stay in the WTO?”

Hassett is not the first American econmist to talk about throwing China out of the WTO. In July, former U.S. Trade Commission economist Peter Morici suggested the same. Morici said: “China is in there, but it’s not a market . And so it’s been Mack trucks through loopholes in the WTO and that is the basic problem. We don’t need to get out of the WTO, we need to throw China out, then the thing will work for .”



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