Trade Wars Ignited By Trump Tariffs Would Be ‘Catastrophic’, WTO Chief Okonjo-Iweala Warns
LAGOS JANUARY 25TH (NEWSRANGERS)-The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by U.S. President Donald Trump’s tariff threats would have catastrophic consequences for global growth, urging states to refrain from retaliation. WTO Director-General Ngozi Okonjo-Iweala, a former Nigerian finance minister, starts her second term as head of the global…