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Frank Sellers — SHOCKER: US sides with Moscow over Kiev in WTO case

Summary:
Typically, Washington is against anything that benefits Moscow, and is for anything which bolsters the position of US puppet regime Ukraine. But, at ongoing cases before the World Trade Organization, that narrative isn’t applicable. This is so because if Washington slam Moscow for its actions relative to Kiev, it would provide a case against Trump’s metals tariffs. However, by standing with Russia on this issue, Washington thinks that it can save its own trade actions, namely Trump’s metals tariffs.… National security trumps WTO regs. Both the US and Russia are claiming national security supervenes in their cases, and the US is supporting Russia on this. In effect, this is the recognition that the national sovereignty supersedes international agreements in certain cases. The nation

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Typically, Washington is against anything that benefits Moscow, and is for anything which bolsters the position of US puppet regime Ukraine. But, at ongoing cases before the World Trade Organization, that narrative isn’t applicable. This is so because if Washington slam Moscow for its actions relative to Kiev, it would provide a case against Trump’s metals tariffs. However, by standing with Russia on this issue, Washington thinks that it can save its own trade actions, namely Trump’s metals tariffs.…

National security trumps WTO regs. Both the US and Russia are claiming national security supervenes in their cases, and the US is supporting Russia on this.

In effect, this is the recognition that the national sovereignty supersedes international agreements in certain cases. The nation state is not dead yet.
The Duran
SHOCKER: US sides with Moscow over Kiev in WTO case
Frank Sellers
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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