Core Viewpoint - Global trade is not broken despite disruptions caused by U.S. tariffs, showing resilience in the system [1][2] Group 1: Global Trade Resilience - The World Trade Organization (WTO) acknowledges that while the U.S. has caused significant disruption, the global trade system remains intact [1] - WTO Director-General Ngozi Okonjo-Iweala emphasizes that the system is "battered" but still standing, indicating its ability to withstand challenges [2] Group 2: U.S.-China Trade Relations - U.S. President Donald Trump is actively pursuing trade deals and truces during his tour of Asia, which may impact global trade dynamics [2] - There is optimism regarding a potential trade deal between the U.S. and China, as both leaders are set to meet to discuss reducing tariffs on each other's goods [3]
'Battered and bruised but still standing': WTO chief on global trade after tariffs
CNBCยท2025-10-28 10:52