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WTO Director: Brazil Has Not Ruled out Any Response to US Tariffs


Roberto Azevedo, Director-General of the World Trade Organization (WTO), gestures during a news conference in Brasilia, Brazil, March 12, 2018.
Roberto Azevedo, Director-General of the World Trade Organization (WTO), gestures during a news conference in Brasilia, Brazil, March 12, 2018.

World Trade Organization Director-General Roberto Azevedo said on Wednesday that Brazilian government officials tell him they have not ruled out any response to U.S. steel tariffs and may resort to the WTO to settle the dispute.

Speaking to reporters at the World Economic Forum on Latin America, Azevedo said the "potential systemic risks" of reactions to the tariffs announced last week by U.S. President Donald Trump are "worrying" and increased the probability of a trade war.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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