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c. tODAY

Image from U.S. Chamber of Commerce On March 12, U.S. Trade Representative Robert
Lighthizer testified before a Senate Finance
Of Babies, Committee hearing entitled “Approaching 25: The Road
Bathwater, Ahead for the World Trade Organization.” The hearing was
and the WTO an opportunity to take stock of the WTO and its role as a
global forum for trade negotiations and an adjudicator of
Article by John G. Murphy, Senior trade disputes.
Vice President for International
Policy, U.S. Chamber of Commerce Despite a number of challenges, the U.S. business
community has long regarded the World Trade
13 AmCham South China Organization (WTO) as one of the most successful
multilateral organizations. The global rules-based trading
system it embodies has benefited the entire world – but no
one more than the United States.

Everyday benefits

While the WTO was created in 1995, it built on the
foundation of the 1947 General Agreement on Tariffs and
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