WTO chief: Urged de-escalation with officials from the US and China

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Comments from the WTO leader:

  • World trade system has been undermined by US tariffs and bilateral deals, but still proving resilient
  • Says she agrees WTO needs reforms, should use this crisis to make organization more flexible, faster and more efficient
  • Says very worried about spike in US-China trade tensions, hopes they de-escalate

It’s hard to imagine what role the WTO can even play in the future.

This article was written by Adam Button at investinglive.com.