China’s President Xi Jinping and US President Donald Trump agreed a trade war truce at the G20 summit in Argentina on December 1. Photo: AP

Increase in tariffs and import duties to US$588 billion could threaten global economy, World Trade Organisation warns

  • United States has announced duty on US$250 billion of imports from China during trade war before temporary truce agreed between Xi Jinping and Donald Trump
  • Head of Geneva-based WTO Roberto Azevedo urges members to ‘use all means at their disposal to de-escalate the situation’
Topic |   China economy

TOP PICKS

China’s President Xi Jinping and US President Donald Trump agreed a trade war truce at the G20 summit in Argentina on December 1. Photo: AP
READ FULL ARTICLE