The World Trade Organization just can’t find a consensus on anything-Its future looks bleak

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The talks ended without any consensus over a global trade deal, adding yet another episode to years of paused global trade agreements. It also amplified widening and irreconcilable gaps between the trade ambitions of rich countries and the developing world. The stalemate closely follows the spectacle of another colossal multilateral failure: the United Nations’ impotent response to Israel’s genocidal war against Palestinians in Gaza and its ineffectual intervention in the pointless US-Israel war against Iran. This collapse of the global multilateral framework unfortunately presents greater risks for developing and poor nations. The stalled WTO ministerial acted as a reminder once…

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