False boost for US jobs

IT IS REGRETTABLE THAT THE WORLD TRADE Organization (WTO) Appellate Body has ignored the reality and rejected a Chinese complaint against US protectionist measures against imported Chinese tires.

Worse, the fact-denying ruling may even endanger the growth of global trade by playing into the hands of those US politicians who tout trade protectionism as the silver bullet to fix the stubbornly high US unemployment.

As the global trade watchdog, the WTO is obliged to do its best to keep at bay trade protectionism, which can easily thwart international efforts to lift the world economy out of the doldrums.