Trade wars: Okonjo-Iweala warns against ‘tit-for-tat retaliation’

Tribune Online
Trade wars: Okonjo-Iweala warns against ‘tit-for-tat retaliation’

World Trade Organisation director-general, Ngozi Okonjo-Iweala, on Thursday, urged countries 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,…