WTO chief warns of global downturn if trade dispute escalates


BERLIN (Reuters) – If ever the trade conflict amongst the Usa along with countries intensifies, it may possibly negatively impact the global economy and there are indications that is already happening, their heads on the planet Trade Organization warned in newspaper.

Asked if there is a risk with the global economy, WTO Director-General Roberto Azevedo told business daily Handelsblatt: "Absolutely. In the event the trade dispute escalates, there's risking potential a universal downturn and we're already seeing signs until this downward process has now started."

He claimed it was imperative to maintain dialogue to avoid an escalation.