WTO chief says trade environment is very risky at this point in time

Director general of the World Trade Organisation, Roberto Azevedo, with some comments

  • US says it has some concerns about how WTO is functioning
  • US wants upgrades and reforms in WTO

If you can't beat the system, change it. I'm sure if Trump could fire WTO members, he would most certainly do so.

Either way, rising trade tensions to add to geopolitical tensions - never a good thing for risk assets.

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