WTO chief warns states saying creating barriers to international trade will jeopardise global economy

Robert Azevedo, Director-General of WTO
WTO Director-General, Roberto Azevedo, warned states that creating barriers to the international trade would jeopardise the global economy, saying at a time when economic recovery, though fragile, has been increasingly evident around the world, said media news report.
According to media news report, US President  Donald Trump on Thursday slapped steep tariffs on Chinese imports, heightening fears of a trade war  between the world’s two largest economies.

Reportedly China, meanwhile, warned  the United States that it was not afraid of a trade war as it threatened tariffs on USD 3 billion worth US goods in retaliation over the US measures, said media news report.

-AENNS – 25/3/2018