On Thursday, the head of the world trade organisation (W-T-O) warned that a trade war escalating from tit-for-tat tariffs would have a "Catastrophic" effect on the global economy and encouraged states to remain calm.

However, the WTO faces criticism as the global body so far has failed to deliver any significant multilateral trade liberalisation, showing only minimal progress

Take a look at the report for more on this...

WTO needs to address protectionist measures

wto-needs-to-address-protectionist-measures

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wto needs-to-address-protectionist-measures

WTO needs to address protectionist measures