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Tag Archives: WTO

WTO chief calls for calm over tariffs

The World Trade Organization chief warned on Friday that creating barriers to international trade would “jeopardise the global economy,” after Washington slapped steep tariffs on Chinese imports, heightening fears of a trade war. “Disrupting trade flows will jeopardise the global economy at a time when economic recovery, though fragile, has …

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Lagarde warns trade wars are seldom ever won

No one emerges victorious from a trade war, International Monetary Fund chief Christine Lagarde said on Wednesday, warning that the economic impact of US import tariffs would be serious if other countries respond with their own barriers. On Tuesday, US President Donald Trump reiterated his plan to slap big tariffs …

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