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Old 11-22-2007, 02:37 PM
Grasshopp3r Grasshopp3r is offline
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Join Date: Jun 2006
Location: Aurora, CO (suburb of Denver)
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Default Re: WTO\'s impotence???? Serious question

The WTO has the power of offsetting tariffs, which are being sought by many other countries aside from Antigua. That is really the stick that the WTO wields. The US thought that everyone would simply ignore the opportunity for offesetting damage requests, but they did not. So instead of just tiny Antigua, the US is facing all of the euros and others. The US lost when everyone dog piled. It is only a matter of time until they will undo the UIGEA in the face of the WTO.
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