WTO chief says trade tensions threaten global economy: CNBC

Reuters 

(Reuters) - The of the on Wednesday said current trade policy tensions, recently escalated by new U.S. import tariffs that spurred retaliatory measures from trading partners, could threaten global economic growth.

"We're seeing more trade restrictive measures than before. That's clearly the situation. We hope that we can stop this trend," WTO said in a CNBC interview.

"The growth of the global is showing signs of recovery. Our hope is that these new trade tensions will not affect that and will not take away the opportunities of this growth that is looking promising right now."

Azevedo also said the WTO had not received any indications that the will withdraw from the organization, despite recent criticism from Donald Trump's casting the WTO as broken.

(Reporting by Lisa Lambert; Editing by Tom Brown)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 25 2018. 21:48 IST