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WTO chief defends agency as U.S. tariffs rattle global trade

Africanews · Just In
Africanews
Africanews
Just In

Ngozi Okonjo-Iweala has called for urgent reforms to restore stability and predictability in global trade, as pressure mounts from member states divided over trade equity, dispute resolution, and institutional transparency.

Breakdown
  • WTO chief Ngozi Okonjo-Iweala calls for urgent reforms to stabilize global trade.
  • She emphasizes the WTO's role in providing stability and predictability for businesses. 19s
  • Recent U.S. tariffs have caused market disruptions and criticism of the WTO. 1m 11s
  • Okonjo-Iweala urges member states to use the current crisis as an opportunity for reform. 1m 53s
  • Her remarks come amid heightened concerns about global trade tensions and the risk of a broader trade war. 2m 8s
International PoliticsEconomy

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Global Tariffs

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.