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WTO chief: Urged de-escalation with officials from the US and China

Comments from the WTO leader:World trade system has been undermined by US tariffs and bilateral deals, but still proving resilientSays she agrees WTO needs reforms, should use this crisis to make organization more flexible, faster and more efficientSays very worried about spike in US-China trade tensions, hopes they de-escalateIt’s hard to imagine what role the WTO can even play in the future.
This article was written by Adam Button at investinglive.com.

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💡 DMK Insight

In a world where trade feels like a high-stakes poker game, the WTO leader's remarks are a sobering reminder that the chips are still in play, albeit a bit wobbly. While US tariffs and bilateral deals have thrown a wrench into the gears of global commerce, the resilience of the trade system suggests that it’s not quite ready for the scrap heap just yet. The call for reform is not just a bureaucratic nod; it’s a signal to traders and investors that adaptability is the name of the game. After all, in the unpredictable landscape of US-China relations, a little flexibility might just be the secret sauce to weathering the storm.

📮 Takeaway

As trade tensions simmer, the WTO's push for reform highlights the need for agility in a world where the only constant is change.

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