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WTO Chief Says 'Everyone Will Pay' If 'Tit-For-Tat' Trade War Breaks Out Amid Trump's Tariff Threat, Leading To Double-Digit Global GDP Losses
Thursday, January 23, 2025 - 8:35am | 592The World Trade Organization’s (WTO) chief issued a warning on Thursday about the potentially disastrous impact of trade wars on global economic growth. What Happened: Ngozi Okonjo-Iweala, the WTO’s Director-General, voiced her concerns during a debate at the World Economic Forum...
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WTO Meeting In Abu Dhabi Focuses On Modest Outcomes Amid 'Tough Time': 'Not In Dreamland'
Monday, February 26, 2024 - 3:27am | 684The World Trade Organization (WTO) is holding a crucial meeting in Abu Dhabi, where ministers from nearly every country are aiming to set new global commerce rules. However, the WTO’s chief has cautioned against overly ambitious expectations. What Happened: The WTO’s biennial meeting,...