US could pull out of WTO: Donald Trump

Republican White House nominee Donald Trump suggested Sunday that the US could pull out of the World Trade Organization is he is elected president.

Interviewed on NBC's "Meet the Press" Trump said he would slap punitive taxes on firms that moved manufacturing activities abroad, citing Mexico as an example.

When show host Chuck Todd objected that such plans would be challenged at the WTO, he responded:

"Doesn't matter. We'll renegotiate or pull out. These trade deals are a disaster, Chuck. World Trade Organization is a disaster."