Investopedia / Ryan Oakley The World Trade Organization (WTO) is an international institution that oversees the rules for global trade among nations. It was created in 1995, superseding the 1947 ...

President Trump, who disabled the World Trade Organization during his first term, is going after international free trade ...

China alleges that the tariffs are based on unfounded and false allegations, and are in excess of the U.S.’s bound rates in a tariff agreement from 1994.

But an overall lessening of trust, and an absence of consensus among WTO members on the way forward has contributed to its problems recently, while the US and China – the world’s two largest economies ...