The risks of the US-China trade war are dragging the world to be in the world, warns the WTO

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The US-China Trade War Risks turn the world in a decline, and the head of the World Trade Organization, the house of the economic power will be completely reduced by global access.

Ngozi Okonjo-iweala, US President Donald Trump’s tariffs and the risk of China’s retaliation tariffs to the two trade blocs “to choose to be with one side or another” said “the violence” is risky.

“We are very concerned because we see a potential way from us / Chinese trade; really want to prevent geopolitical fragmentation,” he said.

“This will reduce 7 percent of the global real GDP in the long run,” he said.

Okonjo-iweala, in addition to substances such as US smartphones and electronic equipment, in addition to previously existing positions, “mutual” tariffs, “mutual” tariffs, “mutual” tariffs are divided by tariffs.

Trump’s tariffs – At present, the rate of 10 percent in all imports – the rest of the world and the rest of the world will damage North America.

If the volume of canada, the United States and Mexico, exports and imports will be the only country, if Trump tariffs are kept in 10 percent.

Trump has released the United States from many Mexico and Canada products related to the trade process, because the United States has a trade agreement with its neighbors because it isolate the USMCA block from the global economy.

In general, USMCA exports will fall 12.6 percent this year, and 9.6 percent of imports are expected to decrease Witt said. This is compared to the previous forecasts of more than 2 percent growth in the category of Trump in front of Trump’s tariff ads.

After the 90-day break, the Trump’s 90-day break, the higher the “mutual” tariffs were reconstructed, this year’s global trade can be reduced by 0.8 percent. If the other countries in view of the WTO do not revenge, uncertainty can leave another 0.7 percent.

In total, global trade in 2025, the US tariffs are stored at 10 percent, in total, global trade will fall by 0.2 percent.

Former Nigerian Finance Minister Okonjo-iweala said the poorest countries have already suffered.

“They are very sensitive. There are the least developed countries between 10 economies facing the highest reciprocal tariffs,” he said. “Really, we should think in terms of restoring them before the tariff in which they live before.”

However, the United States has acknowledged that there is a “point” over the market of a large trade deficit. “They need to diversify. I think the concentration of certain goods should be considered already,” Okonjo-Iwealala.

“95 percent of the semiconductors produced in parts of the world do not build global sustainability. 80% of vaccinations exported by 10 countries are not sustainable,” he said.

Okonjo-iweala said that 166 members of the Geneva-based body could help the broker’s crisis.

The United States was a member of the organization of the WTO, but Trump management increased the increase in international organizations established after the Second World War.

After starting the office in January, one of the first actions of Trump was to sign the world health organization and the executive decisions that started to leave Paris climate acceleration.

WTO members are already interested in maintaining a level of playing in the commercial body, Okonjo-iweala said.

“One of the best things that came out is the value of the projecting and stability of the system created by the WTO.”