In a significant video call, Chinese Commerce Minister Wang Wentao engaged with WTO Director-General Ngozi Okonjo-Iweala to discuss pressing trade tensions. The minister warned that U.S. "reciprocal tariffs" could inflict severe damage on developing countries, particularly the most vulnerable, potentially triggering a humanitarian crisis.
Minister Wang urged WTO members to resolve their differences through consultation founded on mutual respect and equal treatment. His comments come at a time when global markets are increasingly sensitive to shifts in international trade policies, resonating strongly with a diverse audience— from young professionals and entrepreneurs to thought leaders and changemakers.
This dialogue underscores the urgency of a collaborative global approach to protect economic stability and social well-being in a rapidly evolving trade landscape. Stakeholders worldwide are watching closely, as these discussions could signal a broader shift toward more balanced and sustainable trade practices.
Reference(s):
cgtn.com
