US EditionDeveloping countries should fast-track US trade deals: World Bank president
- World Bank President Ajay Banga advised developing countries to swiftly negotiate trade systems with the United States.
- This counsel follows the US leader imposing tariffs since returning to office in January, which disrupted markets.
- The US applied a 10 percent baseline tariff on most countries and significantly higher duties on China.
- Banga emphasized that "delay hurts everyone" concerning these trade negotiations.
- The Bank president also works to lower China's borrowing from the IBRD, agreeing its developing status faces questions.
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68 Articles
World Bank: Nations Must Strike Trump Trade Deals Fast
World Bank President Ajay Banga urged developing nations to strike trade agreements with the United States at the earliest possible opportunity, warning that delays could harm global economic stability amid President Donald Trump's new tariff policies, according to...
Developing countries should fast-track US trade deals - World Bank
WASHINGTON, United States — Developing countries should strike swift trade deals with the United States at the “earliest possible” opportunity, the president of the World Bank told AFP Friday, after a busy week with global financial leaders in Washington. Ajay Banga was interviewed by AFP at the World Bank and International Monetary Fund’s Spring Meetings,
Washington DC, United States.- Developing countries should seek trade agreements with the United States as quickly as possible to limit the effects of tariffs imposed by Donald Trump, World Bank President Ajay Banga told AFP on Friday. "They need to negotiate trading systems with the United States as soon as possible," Banga said during an interview in Washington. "If they delay, this hurts everyone." Ajay Banga was interviewed outside the sprin…
Developing countries should fast-track US trade deals: World Bank
WASHINGTON: Developing countries should strike swift trade deals with the United States at the “earliest possible” opportunity, the president of the World Bank told AFP Friday, after a busy week with global financial leaders in Washington. Ajay Banga was interviewed by AFP at the World Bank and International Monetary Fund’s Spring Meetings, which have been held this year under
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