The American -Chinese commercial risks that risk the world to withdraw the world into stagnation, the World Health Organization warns Ras

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The President of the World Trade Organization warned, the President of the World Trade Organization warned, through global output, to decrease by 7 percent if the two decrease from the entire economic powers.

“The tariff for US President Donald Trump and Chinese reprisals may risk dividing the world into two commercial blocs where the two countries are forced to” choose to be with one side or another. “

“We are very concerned that we see a possible chapter on the United States/China trade,” said the general manager of the World Trade Organization. ”

She added: “This will reduce 7 percent real global gross domestic product in the long run,” she added.

Okonjo-Eyeala said that the United States has actually cut all imports from China through its “mutual” tariff, which was identified by 145 percent in addition to pre-existing duties, even because it suffers from temporarily exempt elements such as smartphones and electronic equipment.

Trump’s tariff – The World Trade Organization said in the expectations published on Wednesday that the 10 percent foundation rate on all imports – will also hurt the North American trade with the rest of the world.

Canada, the United States and Mexico will be the only countries in which both exports and import sizes will decrease, if Trump’s tariff is preserved by 10 percent.

Trump has given many Mexican and Canadian products from his protectionism, as the United States has a trade agreement with its neighbors, which increases the USMCA bloc from the global economy.

Total USMCA exports will decrease 12.6 percent this year, while their imports are expected to decrease 9.6 percent, World Trade Organization He said. This compares with the previous expectations of more than 2 percent of growth in both commercial categories before Trump’s tariff ads.

The commercial authority said that if the higher “mutual” definitions of Trump in July, after a 90 -day stop, global trade in goods may decrease by 0.8 percent this year. The World Trade Organization said that if other countries retreat, uncertainty could fly 0.7 other percentage points.

The World Trade Organization said that if the US tariffs are preserved by 10 percent, the total global trade volumes will decrease by 0.2 percent in 2025.

The former Nigerian Minister of Finance, Oldo Iyila, said that the poorest countries are already suffering.

“They are very weak. Among the ten economies facing the highest mutual tariffs, at least five countries,” she said. “We must really think about its restoration of the non -conflict situations they were in the past.”

However, it admitted that the United States had a “point” that the two countries were dependent on their market, which prompted a major trade deficit. “They need to be diversified. I think it should be seen excessive to produce some goods,” said Okonjo-Eyala.

She added: “Getting 95 percent of the semiconductors produced in one part of the world does not build global flexibility. Getting 80 percent of the vaccines that were exported by 10 countries in the world does not build flexibility.”

OKonjo-Eyala said she hopes that her Geneva-based body, which contains 166 members, is to help mediate a solution to the crisis.

The United States was a founding member of the World Trade Organization, but the Trump administration has increasingly avoided international organizations after World War II.

One of Trump’s first movements after taking office in January was the signing of executive orders that start the World Health Organization’s departure and the Paris Climate Agreement.

Oldo Iyila said that members of the World Trade Organization are now interested in reforming the Commercial Authority to maintain a level stadium.

“One of the good things that come out of this is that the members see the value of the ability to predict and the stability of the system created by the World Trade Organization.”



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