WTO Director-General: US Tariff Measures Pose Challenges to Global Trade
On the 13th in Tokyo, Japan, World Trade Organization Director-General Iweala stated that the U.S. tariff measures pose a challenge to global trade. According to Bloomberg News, Iweala mentioned during a meeting with Japanese Prime Minister Shigeru Ishiba in Tokyo that the current trade sector is facing very severe conditions, but there are also many opportunities, which should be used as a chance to address challenges. Additionally, according to the Japan Broadcasting Corporation, Iweala and Ishiba agreed on the necessity of working together to address issues such as the defects in the WTO dispute resolution mechanism and to restore the cohesion of the WTO.
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