Okonjo-Iweala warns against ‘catastrophic’ tit-for-tat tariffs

World Trade Organisation chief Ngozi Okonjo-Iweala urged nations Thursday 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 US President Donald Trump threaten

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