Developing 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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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,
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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