Inside Trade

October 8, 2024

Former WTO director-general: Countries must act now to avert trade fight over climate 

By Margaret Spiegelman  / September 30, 2024 at 6:30 AM
NEW YORK -- Countries must coordinate to forestall a “downward spiral” of retaliation against new trade measures designed to mitigate climate change, former World Trade Organization Director-General Roberto Azevêdo said last week, warning that a spiral could emerge quickly as those policies come into force. “The sooner we try to coordinate, the better,” Azevêdo said, forecasting trade troubles ahead during a Sept. 26 event in New York hosted by Columbia University , one of numerous climate-related events held here on...

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