Chris Murphy: “although I disagree with much of what the WTO does, I do not think it is in the best interest of our Nation to withdraw…”

“although I disagree with much of what the WTO does, I do not think it is in the best interest of our Nation to withdraw from that organization at this time. Doing so would give the United States little bargaining power as we work to promote a global economy that is both free and fair. Withdrawal would put in jeopardy negotiations that are necessary to meet that goal. However, my support for the long-term goal of more equitable international trade does not translate into blanket support, but it is difficult to ignore the fact that the U.S. is increasingly the target of WTO action. We are sued more than any other country, and our laws seem to be condemned by the WTO every month. We have been the defendant in 19 of the last 36 cases decided by the appellate body. These negative decisions have threatened American products and American businesses with sanctions. For example, in recent years the WTO has disapproved everything from our tax policies and trade laws to our sovereign right to regulate activity such as Internet gambling and set tariffs against unfair pricing by foreign countries. It is becoming all too clear that these decisions are not the result of any shortcomings by this country or any true violation of international rules; rather, one must wonder if we are facing a forum that sees our country's prosperity and economic success as an opportunity to further bolster their own industries and markets.…”