US move may lead to global trade war, says WTO chief Roberto Azevedo

"I am very concerned because of these measures. this has a very real possibility for escalation, because of the possibility of responses from other partners", said Director-General, WTO

World Trade Organization (WTO) Director-General Roberto Azevedo has warned of a potential global trade war as other nations could retaliate against recent decisions by the US to unilaterally raise tariffs and repeatedly target the multilateral rules-based trade regime.

India also secured a promise of further talks on agricultural stockpiling for food security purposes after developed nations, which had been against the idea, reportedly softened their stance.

Addressing reporters on Tuesday after the conclusion of the two-day WTO mini-ministerial called by India, Azevedo pointed out that participating nations had unanimously protested against the actions of the Donald Trump administration, which raised tariffs on