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Azevedo: Full-Blown Trade War Would Cost Jobs, Growth, Stability

A full-blown trade war would have serious effects on global economic growth and there would be no winners in such a scenario, the director-general of the World Trade Organization (WTO), Roberto Azevedo, said on Tuesday. Speaking at a Berlin industry event against the backdrop of growing trade tensions between China and the United States, Azevedo said: "The warning lights are flashing. A continued escalation of tensions would pose an increased threat to stability, to jobs and to the...

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