‘Trade war if US ig­nores WTO rules’

New Straits Times - - Business World -

China warned on Thurs­day that United States ig­nor­ing World Trade Or­gan­i­sa­tion (WTO) rul­ings could trig­ger a “trade war” af­ter Pres­i­dent Don­ald Trump’s ad­min­is­tra­tion said it was not bound by the body’s de­ci­sions. “If WTO mem­bers ig­nore the or­gan­i­sa­tion’s rules and refuse to im­ple­ment its rul­ings on dis­putes, the mul­ti­lat­eral trade sys­tem will ex­ist in name only, and there could even be a rep­e­ti­tion of the trade war of the 1930s,” said Com­merce Min­istry spokesman Sun Ji­wen.

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