Golovanova noted that the US trade deficit has mostly arisen as result of certain provisions of the trade organization, which is why the US has become increasingly unhappy about its membership.
"Washington is dissatisfied with low tariffs on imported goods. Membership in the WTO also imposes certain restrictions on more favorable bilateral trade agreements. Donald Trump is very much unhappy about it. After all, all this contradicts his plans to make America great again," she added.
According to Trump, bad trade deals are the main reason for US unemployment and the fact that the national economy has lost millions of manufacturing jobs. He has already withdrawn from the Trans-Pacific Partnership (TPP) and suspended negotiations over the Transatlantic Trade and Investment Partnership (TTIP) with the EU.
At the same time, Golovanova believes that despite all its discontent, Washington is unlikely to withdraw from the WTO.
"Can the largest economy leave the World Trade Organization? Theoretically, everything is in Trump's hands. But in practice — it is difficult for the new president to negotiate even simple problems with the establishment, let alone such strategic issues," Golovanova wrote.
WTO members have repeatedly proposed reforming the organization. But these attempts failed, among other things, because of the emergence of protectionist projects like the TPP and the TTIP, the expert noted.
"Many are also dissatisfied with the resolution of disputes in the World Trade Organization. Such procedures can last years and usually have no significant results," she noted.
"A similar fate awaits a lawsuit over unfair support for Boeing. It is hard to believe that Trump will step back from his line of tax cuts for American producers and suddenly stop helping his aircraft industry," Golovanova noted.
In her opinion, the US doesn't actually need to formally leave the WTO, taking into account how carelessly it has been already dealing with the world trade's rules.
"If you do not follow the rules, you can destroy the system from the inside. Washington does it, and gives an example to others," Golovanova concluded.