Tariffs cause 'unprecedented' disruption to global trade rules, WTO chief says
Published on: Sept. 2, 2025, 9:09 p.m. | Source: The Economic Times
Global trade under WTO terms sees a decline. Ngozi Okonjo-Iweala highlights the largest disruption to global trade rules in decades. She expresses concern over potential tariff impacts into 2026. Okonjo-Iweala is working with the US on WTO funding. China shows openness to reform. A fisheries subsidies deal is set to be finalised soon.
