UN Secretary-General Antonio Guterres Worries About Trade Wars
UN Secretary-General Antonio Guterres expressed hope that the global economy would manage to avoid a recession in a new round of the trade war caused by tariffs introduced by the US.
He told reporters Tuesday that he’s particularly worried about the effect of U.S. tariffs and the trade war it’s unleashing on “the most vulnerable developing countries in which the impact will be more devastating.”
Is the United Nations secretary-general worried a trade war will lead to a global recession?
“I sincerely hope that we will have no recession because a recession will have dramatic consequences, especially for the poorest people in the world,” Guterres said.
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