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US suspends financial contributions to WTO, trade sources say

  • The United States has suspended its financial contributions to the World Trade Organisation , according to sources in Washington.
  • European Commission President Ursula von der Leyen labelled the tariffs 'taxes- bad for businesses, worse for consumers'.
  • The WTO could impose penalties if the US fails to resume payments within a year, according to its rules.
  • The trade tariff has raised alarms among industry experts amid rising global trade tensions.
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US 'in arrears' at the WTO

The United States has not paid its 2024 dues to the World Trade Organization and is therefore now deemed to be in "arrears", the WTO's spokesman said Friday.

·Florida, United States
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El Economista broke the news in on Thursday, March 27, 2025.
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