Trade Wars Would be ‘Catastrophic’ for World Economy: WTO
asiafinancial.com/trade-wars-would-be-catastrophic-for-world-economy-wto
Tit-for-tat trade wars would have catastrophic consequences for global growth, the head of the World Trade Organization warned on Thursday.
“If we have tit-for-tat retaliation, whether it’s 25% tariff (or) 60% and we go to where we were in the 1930s we’re going to see double-digit global…
This story appeared on asiafinancial.com, 2025-01-23 14:03:57.