Trump has repeatedly told aides he wants to quit the WTO: Axios

U.S. Treasury Secretary Mnuchin departs the North Lawn after speaking live with TV from the White House in Washington

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President Donald Trump is not a fan of the World Trade Organization.

As Trump continues to escalate his trade disputes regarding China, NAFTA, and the European Union, White House advisors told Axios that the president consistently talks about having the country withdraw from the global trade regulator. The source added that Trump has frequently told his advisors, "We always get f--ed by them [the WTO]". "I don't know why we're in it".

On Friday, White House legislative director Marc Short echoed Mnuchin's comments about the Axios portrayal of Trump's thinking.

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"Obviously if he did try to pull out, that would create greater trade uncertainty, which is not good for the economy", he said.

The Economic Report of the President for 2018, a document which even bears Trump's signature, said: "The United States has won 85.7% of the cases it has initiated before the WTO since 1995, compared with a global average of 84.4%".

Treasury Secretary Steve Mnuchin pushed back against the report during an interview Friday morning with Fox Business Network's Maria Bartiromo, calling it "fake news".

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The tariffs have also led to retaliation by U.S. allies, including Canada and the European Union. He has concerns about the WTO. The President has been clear with us and with others.

Trump would need congressional approval to pull the U.S. out of the WTO, something he is unlikely to receive. "He thinks there's aspects of it that aren't fair".

It is to be noted that the European Union and Canada have already filed a case at the WTO over the tariffs and both the USA allies have begun their dispute proceedings.

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Trump has imposed tariffs on imports of aluminum and steel earlier this year that has triggered new trade suits that will be considered by WTO panels.

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