Why Is the U.S. Renegotiating Its WTO Commitments?

The latest U.S. salvo against the World Trade Organization is aimed right at the core of the global trade body’s mission to keep a lid on tariffs and prevent them from gumming up global commerce. Each country that joins agrees to cap its import levies at so-called bound rates, which establishes a ceiling for the range of tariffs that nations may legally impose on each other. That means some WTO countries have higher tariffs than the U.S. and some have much lower ones, a system the Trump administ