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WTO's Roberto Azevedo makes rare warning of trade war over US tariff plan

The WTO is clearly concerned at the announcement of US plans for tariffs on steel and aluminium, he said

Reuters  |  Geneva 

WTO Chief
Roberto Azevedo, Director-General of the World Trade Organization

expressed concern at U.S. Donald Trump's plan for tariffs on and aluminium on Friday, an extremely rare intervention into a WTO member's trade policy.

"The WTO is clearly concerned at the announcement of U.S. plans for tariffs on and aluminium. The potential for escalation is real, as we have seen from the initial responses of others," he said in a brief statement issued by the WTO.

"A trade war is in no one's interests. The WTO will be watching the situation very closely."

First Published: Fri, March 02 2018. 20:58 IST