1 MONGOLIA MOVES TO NEXT STAGE OF COPPER SMELTER SELECTION PROCESS WWW.MONTSAME.MN PUBLISHED:2026/02/26      2 INVESTMENT OPPORTUNITY IN MONGOLIAN MINING INTRODUCED IN LONDON WWW.MONTSAME.MN PUBLISHED:2026/02/26      3 MONGOLIA SEEKS LONDON STOCK EXCHANGE LISTINGS FOR MINING COMPANIES WWW.MONTSAME.MN PUBLISHED:2026/02/26      4 TMK ENERGY SETS NEW GAS OUTPUT RECORD AT MONGOLIAN CSG PILOT WWW.TIPRANKS.COM PUBLISHED:2026/02/26      5 WILL MONGOLIA BAN SOCIAL NETWORKS FOR CHILDREN, AS AUSTRALIA AND FRANCE HAVE DONE? WWW.OPEN.KG PUBLISHED:2026/02/26      6 FOREIGN TRADE TURNOVER REACHES USD 2.6 BILLION WWW.MONTSAME.MN PUBLISHED:2026/02/25      7 MONGOLIA REVOKES PERMITS OF SIX FOREIGN NGOS WWW.MONTSAME.MN PUBLISHED:2026/02/25      8 MINING DRIVES MONGOLIA’S ECONOMY AS REFORM MOMENTUM BUILDS WWW.EASTASIAFORUM.ORG PUBLISHED:2026/02/25      9 P.NARANBAYAR ANNOUNCES PLAN TO DRAFT LAW TO RESTRICT CHILDREN’S USE OF SOCIAL NETWORKS WWW.GOGO.MN PUBLISHED:2026/02/25      10 “EAGLE FESTIVAL-2026” TO BE HELD ON MARCH 7-8 WWW.GOGO.MN PUBLISHED:2026/02/24      ГАДААДЫН 95 ИРГЭНИЙГ УЛСЫН ХИЛЭЭР ОРУУЛАЛГҮЙ БУЦААЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/26     ЗЭСИЙН БАЯЖМАЛ ХАЙЛУУЛАХ, БОЛОВСРУУЛАХ ҮЙЛДВЭРИЙН ХӨРӨНГӨ ОРУУЛАГЧИЙГ ИРЭХ ТАВДУГААР САРД ТОДРУУЛНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/26     УЛААНБААТАР-ЛҮНГИЙН ЗАМЫГ ЗУРГААН ЭГНЭЭ БОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/26     ЖАЙКА БОЛОН МТҮП МЭДЭЭЛЭЛ ТЕХНОЛОГИЙН САЛБАРЫГ ХӨГЖҮҮЛЭХ ТӨСЛИЙГ ХЭРЭГЖҮҮЛЖ ЭХЭЛЛЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/02/26     ЕРӨНХИЙ САЙДЫН АХЛАХ ЗӨВЛӨХ БӨГӨӨД АЖЛЫН АЛБАНЫ ДАРГААР Ж.САНДАГСҮРЭНГ ТОМИЛЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/26     БАРАА БҮТЭЭГДЭХҮҮНИЙ ҮНЭ САРЫН ХУГАЦААНД 2.7 ХУВИАР ӨСЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/02/26     НИЙСЛЭЛ ЗАРДЛАА ТЭЛЖ, ТРАМВАЙН ТӨСӨЛД 350 ТЭРБУМЫГ ЗАРЦУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/02/25     САНГИЙТ КАУР ДЕО: МАЛАЙЗЫН ТӨР БУРУУТАЙ ГЭДГИЙГ ШИЙДҮҮЛЭХ ЭЦСИЙН БОЛОМЖ УЧРААС МОНГОЛЫН ТӨР ХАМТРАН АЖИЛЛАХЫГ ХҮСЭЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/25     НИЙСЛЭЛИЙН ТӨСӨВ: COP17 ХУРАЛД 70 ТЭРБУМ ЗАРЦУУЛЖ, 200 ТЭРБУМЫН БОНД БОСГОЖ V ЦАХИЛГААН СТАНЦ БАРИНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/25     ХӨРСНИЙ УС, ҮЕРИЙН ХАМГААЛАЛТЫН ТӨСЛИЙН ТЭЗҮ-ИЙГ БОЛОВСРУУЛАХ АЖИЛ 90 ХУВЬТАЙ ХЭРЭГЖИЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/24    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

WTO: US-China trade war would have 'severe' economic impact www.bbc.com

A fully-fledged trade war between China and the US would have "a severe impact on the global economy", the World Trade Organisation head has told the BBC.

There was a risk global growth could fall "very quickly", WTO director-general Roberto Azevedo warned.

His comments follow the US and China announcing proposed tariffs against one another, as Washington and Beijing ramp up the rhetoric on trade.

The WTO now faced one of its toughest periods, Mr Azevedo said.

Last week US President Donald Trump announced proposed tariffs on $60bn worth of Chinese goods.

Beijing responded saying it was not afraid of a trade war, but that negotiations should remain open.

The US has since said it was "cautiously hopeful" that the two economic giants could come to an agreement on trade issues.

'Serious'
Mr Azevedo told the BBC's HardTalk program that while a global trade war had not yet been initiated, the world was "seeing the first movements towards it".

Earlier this month the US announced broader tariffs on steel and aluminium imports which affected many nations including China. Beijing responded with its own set of proposed tariffs.

The scale of damage done to the global economy, and its rate of expansion, would depend on what the trade war encompassed, Mr Azevedo said.

"If it's just limited to steel and aluminium, it's one thing. If you're talking about hundreds and thousands of products, it's a completely different thing. And the impact will be significantly different."

But he said there was little doubt that the trade clash was a "big problem".

"I don't think anybody believes that this is something minor, even in the US administration.

"These conversations are ongoing precisely because people are beginning to understand, I hope, how serious this is and the kind of impact this could have to the global economy."

'Catastrophe'
Washington has also has launched a complaint against China for breaking basic patent rights rules at the WTO - a body that Mr Trump has said is a "catastrophe" and "a disaster" for the US.

Mr Azevedo said the clashes between the US and China were some of the most difficult moments the WTO had faced in its 23 year history.

"If not the toughest, one of the toughest, yes for sure," he said.

"Given the nature of the challenges before the [WTO] system, where it comes from and so on, it's really tough right now."

But he said that despite some rhetorical statements that pointed towards the US wanting to leave the WTO altogether, there was no indication this was going to happen and that there were "still conversations ongoing and still negotiations ongoing".

"Now that doesn't mean that we should downplay that - you don't want to be in the war," he said.

"We want to avoid the war so everything that we can do to avoid being in that situation, we must be doing at this point."



Published Date:2018-03-29