Definition: In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
Input: LISTEN TO ARTICLE 3:22 SHARE THIS ARTICLE Share Tweet Post Email 
  
 President Donald Trump said he would pull out of the World Trade Organization if it doesn’t treat the U.S. better, targeting a cornerstone of the international trading system. 
  
 “If they don’t shape up, I would withdraw from the WTO,” Trump said Thursday in an Oval Office interview with Bloomberg News. Trump said the agreement establishing the body “was the single worst trade deal ever made.” 
  
 A U.S. withdrawal from the WTO potentially would be far more significant for the global economy than even Trump’s growing trade war with China, undermining the post-World War II system that the U.S. helped build. 
  
 Trump said last month that the U.S. is at a big disadvantage from being treated “very badly” by the WTO for many years and that the Geneva-based body needs to “change their ways.” 
  
 Read More: Is Trump Finally Turning His Trade Guns on the WTO? 
  
 U.S. Trade Representative Robert Lighthizer has said allowing China into the WTO in 2001 was a mistake. He has long called for the U.S. to take a more aggressive approach to the WTO, arguing that it was incapable of dealing with a non-market economy such as China. 
  
 Lighthizer has accused the WTO dispute-settlement system of interfering with U.S. sovereignty, particularly on anti-dumping cases. The U.S. has been blocking the appointment of judges to the WTO’s appeals body, raising the possibility that it could cease to function in the coming years. 
  
 In the Oval Office interview, Trump said at the WTO “we rarely won a lawsuit except for last year.” 
  
 “In the last year, we’re starting to win a lot,” he added. “You know why? Because they know if we don’t, I’m out of there.” 
  
 For all of his complaints about the WTO, Trump’s administration has continued to file cases against other members. Earlier this week it launched a case against Russian duties on U.S. products that it argues are illegal. 
  
 Countries that bring complaints to the WTO tend to prevail and defendants in trade disputes lose. 
  
 But WTO data also shows that the U.S. does slightly better than the WTO average in both cases it brings and that are brought against it, said Simon Lester, a trade analyst at the Cato Institute, a Washington policy group that favors more open international trade. 
  
 Of the 54 cases brought by the U.S. over the life of the WTO, Washington won at least one finding in its favor in 49, or 91 percent, Lester said. Of the 80 cases brought against it, a WTO panel had ruled against it in at least one aspect in 69 cases, or 86 percent of the time. 
  
 The Trump administration has taken his complaints a step further by arguing that the WTO’s dispute settlement system is broken and in need of a major overhaul. 
  
 The EU has been leading an effort to propose reforms to try and defuse the conflict. Officials from the EU and Japan visited Washington last week to discuss potential changes as well as joint efforts to take on China at the WTO. But change at the organization may not come easy. 
  
 “Now it’s true that the threat by the U.S. to withdraw is really serious, that will concentrate minds, and then things could happen,” Alan Winters, a professor of economics at the University of Sussex, said in a Bloomberg interview. “But the WTO is in for a very large shock if it actually has to agree a new set of rules.” 
  
 Since World War II, successive U.S. presidents have led efforts to establish and strengthen global trading rules, arguing that they would bring stability to the world economy. 
  
 The WTO was created in 1994 as part of a U.S.-led effort by major economies to create a forum for resolving trade disputes. 
  
 — With assistance by Sarah McGregor, Shawn Donnan, Anna Edwards, and Nejra Cehic ||||| GENEVA (AP) — China is challenging the latest round of U.S. tariffs against Chinese goods through the World Trade Organization. 
  
 The Chinese government on Monday formally requested "dispute consultations" with the United States over the Trump administration's imposition of $16 billion in tariffs on Chinese goods last week. China has responded with similar taxes on U.S. goods. 
  
 Its request to the World Trade Organization opens a 60-day period for the two countries to hold talks. 
  
 China already is holding talks with the U.S. about its previous tariffs on both Chinese steel and aluminum products and over alleged Chinese violations of U.S. intellectual property protections. 
  
 All told, the administration is preparing tariffs on $200 billion in Chinese products. China has vowed to retaliate on American goods worth $60 billion. 
  
 Separately, the U.S. ambassador to the WTO, Dennis Shea, told a WTO body that the United States would not support the reappointment of Shree Baboo Chekitan Servansing as a member of the WTO's appellate body, according to a transcript of his remarks in the closed-door session. 
  
 If that holds up, the appellate body will fall to three members when Servansing's term expires on Sept. 30. Three is the minimum number of members for the appellate body to rule on cases. 
  
 Critics say the United States is trying to asphyxiate the appellate body. The next expiration of a member's term looms in December next year, and the appellate body would become inoperable if new appointments or reappointments aren't made before then. 
  
 Shea says the U.S. has long believed the appellate body has operated beyond the terms of its original mandate, and blasted "persistent overreaching" with its decisions on issues like subsidies and antidumping duties, and by "restricting the ability of the United States to regulate in the public interest or protect U.S. workers and businesses against unfair trading practices." 
  
 He said U.S. concerns about the appellate body have not been addressed. ||||| Image copyright AFP Image caption Mr Trump has been embroiled in tit-for-tat trade battles on several fronts in recent months 
  
 President Donald Trump has threatened to withdraw the US from the World Trade Organization (WTO), claiming it treats his country unfairly. 
  
 "If they don't shape up, I would withdraw from the WTO," Mr Trump said in an interview with Bloomberg News. 
  
 The WTO was established to provide rules for global trade and resolve disputes between countries. 
  
 Mr Trump says the body too often rules against the US, although he concedes it has won some recent judgments. 
  
 He claimed on Fox News earlier this year that the WTO was set up "to benefit everybody but us", adding: "We lose the lawsuits, almost all of the lawsuits in the WTO." 
  
 However, some analysis shows the US wins about 90% when it is the complainant and loses about the same percentage when it is complained against. 
  
 Mr Trump's warning about a possible US pull-out from the WTO highlights the conflict between his protectionist trade policies and the open trade system that the WTO oversees. 
  
 Washington has recently blocked the appointment of new judges to the WTO's Geneva-based dispute settlement body, which could potentially paralyse its ability to issue judgments. 
  
 US Trade Representative Robert Lighthizer has also accused the WTO of interfering with US sovereignty. 
  
 It comes as President Trump set a Friday deadline for Canada to sign a new agreement with the US and Mexico. He has threatened to tax the country's automotive sector or cut it out entirely. 
  
 What's Trump's issue with the WTO? 
  
 The US president has been sounding off about unfair trade since even before he became president. 
  
 Mr Trump said on Thursday that the 1994 agreement to establish the WTO "was the single worst trade deal ever made". 
  
 The US has been embroiled in a tit-for-tat trade battle on several fronts in recent months. 
  
 The one creating the most interest is with China, as the world's two largest economies wrangle for global influence. 
  
 Mr Trump has introduced tariffs on a number of goods imported into the US. 
  
 A third round of tariffs on $200bn (£154bn) of Chinese goods could come as soon as a public-comment period concludes next week, according to a Bloomberg report citing various sources. 
  
 Asked to confirm this during the Bloomberg interview, President Trump said that it was "not totally wrong". 
  
 China has responded to US tariffs by imposing retaliatory taxes on the same value of US products and has filed complaints against the tariffs at the WTO. 
  
 China's commerce ministry has said it "clearly suspects" the US of violating WTO rules. 
  
 An initial complaint at the WTO was filed by China in July after Mr Trump imposed his first round of tariffs. 
  
 Media playback is unsupported on your device Media caption Donald Trump speaks with the Mexican leader on the phone through an interpreter 
  
 The WTO is at the heart of the system of rules for international trade. It is the forum for sorting disputes between countries about breaches of global trade rules and for negotiating new trade liberalisation. 
  
 The EU, meanwhile, is trying to steer the US towards reforming the WTO rather than abandoning it. 
  
 Bernd Lange, chair of the European Parliament's trade committee, told Politico magazine that it would submit plans to overhaul the organisation in September. He said it would test whether the US was really interested in reform. 
  
 "This is certainly about calling [America's] bluff," he said. 
  
 What about other trade deals? 
  
 Mr Trump has not been a fan of multilateral trade agreements. 
  
 In a 2016 presidential debate with Democratic rival Hillary Clinton, Mr Trump described the North American Free Trade Agreement (Nafta) with Mexico and Canada as "the worst trade deal maybe ever signed anywhere" and a "killer" of US jobs. 
  
 Once in office he said he wanted to renegotiate - not scrap - the accord, triggering a year of talks. 
  
 On Monday, Mr Trump announced that the US and Mexico had agreed to revamp Nafta, calling it a "really good deal" that was "much more fair" for both countries. 
  
 Canada is yet to agree to the new terms. 
  
 On Thursday, Mr Lighthizer held talks in Washington with Canadian Foreign Minister Chrystia Freeland aimed at reaching a new deal. 
  
 Following four separate meetings, which continued late into the night, Ms Freeland told reporters that a deal could not be reached, adding that talks would resume on Friday. 
  
 Also during his election campaign Mr Trump railed against the Trans-Pacific Partnership (TPP), a 12-nation trade deal that was a linchpin of former President Barack Obama's Asia policy. 
  
 Mr Trump said the deal was a "potential disaster for our country". 
  
 One of his first acts as president was to withdraw the US from the TTP, although he has since said he might consider rejoining if the terms were "substantially better". |||||
Output:
Shape up or we'll ship out. That was essentially the message President Trump had for the World Trade Organization in an interview with Bloomberg on Thursday. Trump described the 1994 agreement that formed the WTO as "the single worst trade deal ever made" and issued his threat: "If they don't shape up, I would withdraw from the WTO." The body sets rules for global trade and serves as a forum for handling trade disputes, and Trump complained about the historical outcome of those complaints. He had this to say: "We rarely won a lawsuit except for last year. In the last year, we’re starting to win a lot. You know why? Because they know if we don't, I'm out of there." The BBC cites a study that shows the reality is more like 90/90: We win about 90% of the cases we bring, and lose just shy of 90% of those filed against us. As for the cases filed against us, ones from China have made recent headlines. The AP reports Beijing on Monday formally sought "dispute consultations" over the latest round of tariffs—$16 billion of them—imposed last week on Chinese goods. China is a thorn, per US Trade Representative Robert Lighthizer, who views China's 2001 entry into the body as a mistake. Bloomberg's take: "A US withdrawal from the WTO potentially would be far more significant for the global economy than even Trump’s growing trade war with China." In the meantime, the US has been blocking the appointment of new judges, which could ultimately put the WTO's ability to issue judgments on ice. Click for more on Trump's wide-ranging interview.