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presstv-oecd urges world to respect trade rules

presstv-oecd urges world to respect trade rules Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



presstv-oecd urges world to respect trade rules

governments should stick to established rules of trade and avoid escalating disputes if they want to safeguard economic growth and protect jobs, the oecd said tuesday.the organization for economic cooperation and development's call comes amid a deepening row over us tariffs on steel and aluminum that has brought on fears of a global trade war."trade protectionism remains a key risk that would negatively affect confidence, investment and jobs," the oecd said in its interim report on the world economy.the oecd identified protectionism as a major risk factor in an otherwise upbeat outlook for the world economy which it now expects to grow faster than in its previous projections published in november.the oecd put global economic growth at 3...