One Twitter user quipped, " "The world is laughing at us" says Trump, before proposing the FART Act (Fair and Reciprocal Tariff Act)".
'WTO has its flaws, but the 'United States Fair and Reciprocal Tariff Act, ' aka the U.S. FART Act, stinks.
It didn't take long for critics to let rip criticism of the draft legislation - and among those mocking the bill was former White House Communications Director Anthony Scaramucci.
Axios reported on Sunday that Trump, who has made fighting unfair trade rules a pillar of his presidency, has ordered that legislation be written stipulating a WTO withdrawal. American consumers pay for tariffs.
Unless they acted deliberately, the aides who crafted the Trump bill missed one of the key habits of those tasked with putting legislative ideas on paper. Trump is pushing a bill that's literally called the US FART Act. Or, the "FART Act".
But the European Union has warned the United States that imposing import tariffs on cars and vehicle parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion (£223 billion) of US exports.
Leftist Andres Manuel Lopez Obrador elected president of Mexico
Mexican journalist Jose Guadalupe Chan was killed on Friday in the state of Quintana Roo, state officials said in a statement. His allies are warning even before Sunday's presidential vote that there better not be any amusing business.
China, Canada, Switzerland, Norway, Turkey, Costa Rica, Hong Kong, Venezuela, Singapore, Brazil, South Korea, Mexico, Qatar, Thailand and India all echoed the same concerns and said they doubted the US tariffs were in line with WTO rules. "The WTO is designed by the rest of the world to screw the United States", Axios's source quoted Trump as saying.
"It is no secret that POTUS has had frustrations with the unfair imbalance of tariffs that put the U.S. at a disadvantage", she told Axios.
Later on Monday, White House spokeswoman Sarah Sanders said Trump was focused on fixing problems in global trade, not on leaving the trade organization that has been a foundation of the postwar global trading system.
If the goal was to get lower tariffs for US exports, Trump could do that by negotiating trade agreements, he said.