World trade chief says global free trade is in a 'crisis' while on visit to Japan

May 12, 2025 - 22:00
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World trade chief says global free trade is in a 'crisis' while on visit to Japan
WTO Chief Ngozi Okonjo-Iweala met Japanese Prime Minister Shigaru Ishiba. She highlighted the crisis in global free trade. Okonjo-Iweala urged Japan to champion open markets. This comes amid the trade disruptions by U.S. President Donald Trump. The U.S. and China agreed to tariff cuts for negotiations. Japan seeks a deal with the U.S. on tariffs.

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