WTO DG Okonjo-Iweala Warns Countries Against Trade War
World Trade Organization chief, Ngozi Okonjo-Iweala has urged nations to keep calm over tariffs, warning that a tit-for-tat trade war would be catastrophic for the world economy.
Okonjo-Iweala issued her appeal during a panel discussion on tariffs at the World Economic Forum in Davos, Switzerland, in a week that saw United States President Donald Trump threaten tariffs against China, the European Union, Mexico and Canada.
The World Trade Organization Director General urged cooler heads to prevail, advising against hyperventilate.
