Tag: World Trade Organization

PolicyTrade

WTO Chief Warns of Severe Global Economic Fallout from U.S.-China Trade War Escalation

** The head of the World Trade Organization is calling for immediate de-escalation between Washington and Beijing as trade tensions threaten global economic stability. New analysis suggests a full decoupling could reduce worldwide economic output by 7% over the long term, with developing countries facing double-digit welfare losses. **CONTENT:**

Global Trade Body Sounds Alarm Over Economic Consequences

by Elijah Porter