LBCI

US-China tariff war could cut trade between the two by 80%: WTO chief

World News

09-04-2025 | 14:56

Share

Share

US-China tariff war could cut trade between the two by 80%: WTO chief

The World Trade Organization (WTO) chief said Wednesday the US-China tariff war could reduce trade in goods between the two economic giants by 80%.

"The escalating trade tensions between the United States and China pose a significant risk of a sharp contraction in bilateral trade. Our preliminary projections suggest that merchandise trade between these two economies could decrease by as much as 80%," said WTO director general Ngozi Okonjo-Iweala. She warned in a statement that the conflict could "severely damage the global economic outlook."

AFP

World News

US

China

Tariff

War

Trade

WTO

Chief

Next

Higher US tariffs on nearly 60 economies take effect

US confirms Trump envoy Witkoff to speak with Iran

Previous

Recommended For You

Trump says will posthumously award Charlie Kirk highest US civilian honor

10:40

Trump says will posthumously award Charlie Kirk highest US civilian honor

US authorities say have 'good video footage' of Charlie Kirk suspect

09:49

US authorities say have 'good video footage' of Charlie Kirk suspect

Poland says UN Security Council to convene over drone raid

04:00

Poland says UN Security Council to convene over drone raid

North Korea leader firming up status of daughter as successor: Seoul spy agency

02:49

North Korea leader firming up status of daughter as successor: Seoul spy agency

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Lebanon lays foundation stone for restoration of Mar Mikhael train station in Beirut

2025-09-04

Lebanon lays foundation stone for restoration of Mar Mikhael train station in Beirut

Lebanese Health Ministry says one killed in Israeli strike on motorcycle in Ain Baal-Bazouriye

04:27

Lebanese Health Ministry says one killed in Israeli strike on motorcycle in Ain Baal-Bazouriye

Hezbollah denies presence or activities in Syria after Syrian Interior Ministry accusations

08:15

Hezbollah denies presence or activities in Syria after Syrian Interior Ministry accusations

American citizens in Qatar told to 'shelter in place'

Middle East News

2025-06-23

American citizens in Qatar told to 'shelter in place'

Videos

Lunar eclipse captivates Lebanon: watch the stunning video

2025-09-07

Lunar eclipse captivates Lebanon: watch the stunning video

LBCI correspondent reports from Nabatieh as residents clear rubble after Israeli strikes

2025-08-31

LBCI correspondent reports from Nabatieh as residents clear rubble after Israeli strikes

Unprecedented step: Lebanon funds kidney transplants for all qualified patients

2025-08-29

Unprecedented step: Lebanon funds kidney transplants for all qualified patients

US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’

2025-08-28

US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’

US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective

2025-08-26

US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective

40 years of LBCI: A look back at its milestones

News Bulletin Reports

2025-08-23

40 years of LBCI: A look back at its milestones

President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper

2025-08-17

President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper

Pregnant journalist Petra Abou Haidar attacked in road rage assault

2025-07-15

Pregnant journalist Petra Abou Haidar attacked in road rage assault

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

2025-07-01

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

Most read

24 hours

7 days

Month

Syria says it arrested Hezbollah cell in Damascus countryside

1

Syria says it arrested Hezbollah cell in Damascus countryside

Arida school in ruins after Israeli strike, leaving 250 Lebanese students without classes

2

Arida school in ruins after Israeli strike, leaving 250 Lebanese students without classes

Lebanon approves Starlink license for nationwide internet service

3

Lebanon approves Starlink license for nationwide internet service

From Gaza to Qatar: Is Israel’s strike on Doha part of a 77-year-old security-driven narrative?

4

From Gaza to Qatar: Is Israel’s strike on Doha part of a 77-year-old security-driven narrative?

Israeli airstrikes hit multiple areas in eastern Lebanon

5

Israeli airstrikes hit multiple areas in eastern Lebanon

Lebanese Health Ministry says one killed in Israeli strike on motorcycle in Ain Baal-Bazouriye

6

Lebanese Health Ministry says one killed in Israeli strike on motorcycle in Ain Baal-Bazouriye

Hezbollah denies presence or activities in Syria after Syrian Interior Ministry accusations

7

Hezbollah denies presence or activities in Syria after Syrian Interior Ministry accusations

Avichay Adraee conducts field tour in southern Lebanon (Pictures)

8

Avichay Adraee conducts field tour in southern Lebanon (Pictures)

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More