US suspends financial contributions to WTO

Reuters exclusively reported that the United States had paused its financial contributions to the World Trade Organization as the Trump administration attempts to slash government spending and accelerates its retreat from multilateral institutions that it feels do not give the country value for money. The story revealed that the U.S. had told a March 4 WTO budget meeting that its payments to the 2024 and 2025 budgets were on hold pending a review of contributions to international organisations, and that it would inform the WTO of the outcome at an unspecified date.