WTO Director-General: US tariff hikes will have huge impact on global trade and economic growth prospects

World Trade Organisation (WTO) Director-General Iweala said on 3 March that the US tariff increase will have a huge impact on global trade and economic growth prospects. Iweala said in a statement on the same day that the WTO is closely monitoring and analysing the tariff measures announced by the United States on the 2nd, and is actively responding to members' questions about the potential impact on their economies and the global trading system.