WTO chief urges 'cool head' if Trump wins, imposes new tariffs

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World Trade Organisation News

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WASHINGTON, April 17 ― The head of the World Trade Organisation (WTO) yesterday called on Washington's trade partners to “keep a cool head” if Donald Trump ends up...

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“I hope sincerely that that will not happen,” WTO Director-General Ngozi Okonjo-Iweala said in a speech at the Peterson Institute for International Economics, a Washington think tank. In an interview with CNBC last month, the 77-year-old Republican presidential nominee called himself “a big believer in tariffs,” adding that the likely rise in prices for American consumers from such a measure would be offset by tax cuts.

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