Tariff War Education 101 - Singapore Delivers

 

It appears that one man is attempting to disrupt current and future World Trade. If one man can potentially tear down a supposedly fair global trading system, then it says as much about the system as it does about the man. Maybe the system of world trade is outdated and in need of an overhaul. But let's not throw out the baby with the bath water overnight and call it progress.

What does a world without rules and fair-trade agreements between nations look like?

When Goliath the Philistine, armed with sword, spear, and javelin cursed and threatened to kill handsome, healthy young David, the giant thought his strength and size would allow him to continue causing havoc and destruction on peoples he viewed as inferior.

A stone, a slingshot, and faith that his almighty Lord would protect and guide his aim in battle was all David brought to the confrontation. The giant never had a chance. One stone slung with Lord-like (inspired) force struck and embedded itself deep into a vital area of the giant's head (between the eyes) bringing down Goliath and ending his reign of terror.

1 Samuel 17:42-51 Goliath looked at David with disgust. 

The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to ensure that trade flows as smoothly, predictably and freely as possible.