WTO SAYS TRADE WARS MAY SLOW GLOBAL GROWTH

Business Today - - THE BUZZ -

Global growth is un­der threat from tit­for-tat trade sanctions of the world's eco­nomic pow­ers, the World Trade Or­ga­ni­za­tion has said. The sys­tem of agreed trade rules was at "po­ten­tially large risk," it said, adding that the world eco­nomic growth was "in jeop­ardy". The trade war was sparked after US President Donald Trump or­dered tar­iffs on steel and alu­minium im­ports from the EU and China.

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