Economics

U.S. Weighs Higher Tariff Ceilings in Bid for More Sway Over WTO

  • Trump officials want to raise America’s bound WTO tariffs
  • USTR says there are no plans to raise WTO rates ‘at this time’
The silhouette of cranes are seen unloading container ships at the Port of Los Angeles in San Pedro, California.Photographer: Patrick T. Fallon/Bloomberg
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The U.S. is weighing a plan to increase its long-standing ceiling on tariffs in a move meant to trigger a renegotiation of relationships with fellow World Trade Organization members and step up its assault on the global trading system.