WTO chief urges US, China to de-escalate trade war

WTO DIRECTOR-GENERAL SAID she is urging the US and China to deescalate trade tensions, warning that a decoupling by the world's two largest economies could reduce global economic output by 7% over the longer term.

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Okonjo-Iweala told Reuters in an interview the global trade body was extremely concerned about the latest spike in U.S.-China trade tensions and had spoken with officials from both countries to encourage more dialogue. "We're ob