US tariffs will ‘inflict serious harm’ on poor nations, China tells WTO

BEIJING: China’s Commerce Minister Wang Wentao told the head of the World Trade Organisation (WTO) that US tariffs will “inflict serious harm” on poor nations, according to a ministry statement released Saturday.

Washington and Beijing have been trading salvos of increasingly higher tariffs this month, raising fears of an intensifying trade war between the world’s two largest economies that has sent global markets into a tailspin.

Economists warn that the disruption in trade between...