US Pauses Payments to WTO for 2024, 2025

The U.S. has halted contributions to the World Trade Organization, Reuters reported. The global trade body has a $232.06 million annual budget, 11% of which is set to come from the U.S. based on a fee system that requires payment proportionate to a member country's share of global trade, the report said. A U.S. delegate reportedly told the WTO that payments for 2024 and 2025 are on hold pending a review of contributions to international organizations.