Monaca (US), Aug 14: President Donald Trump has threatened to pull the United States out of the World Trade Organization if conditions are not improved.

"We will leave if we have to," Trump told a cheering audience of workers at a Shell chemical plant in Pennsylvania on Tuesday.

"We know that they have been screwing us for years and it's not going to happen again," he said.

Trump has made the WTO the target of many previous attacks, and threatened before to withdraw, claiming unfair treatment toward the US and saying Washington does not have to abide by WTO rulings.

He is especially critical about the terms granted to China when it joined the organization, given US complaints about Chinese theft of American technology.

But the United States in fact has a successful track record of winning disputes mediated by the global trading body. While calling for reforms to the institution's rules, the Trump administration also has effectively paralysed its work.

By blocking naming of new members to the appellate panel part of the Dispute Settlement Body that arbitrates disputes, the system will grind to a halt by the end of the year.

Chad Bown, a trade expert with the Peterson Institute for International Economics, said the moves weakening the WTO have done "lasting damage," not all of which can be reversed.

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



Bengaluru: A local court on Monday granted bail to seven Pro-Kannada activists who were arrested for attacking Jain building and taking down a Hindi banner in the city.

The bail application was heard by the court on Monday. The court then granted bail to the activists on surety of Rs. 50,000 and two persons.

The court also conditioned that the accused should not tamper with the evidences of the case and should co-operate with the investigation.

The accused told the court that their actions were only aimed for the betterment of Kannada and that's why they removed the Hindi banners to setup Kannada banners instead.

A complaint was filed against the activists for tearing banners with Hindi language in a Jain temple in Commercial Street Police Station limits on August 16, which was followed by arrest of six accused.

According to the regulations, at least 60% of the writing on signboards should be in Kannada, remaining 40% can be in English and other languages.