Trade tensions are 'bad for everybody,' says Bank of Korea governor

Trade tensions are 'bad for everybody,' says Bank of Korea governor

"We will be affected directly by the U.S. tariffs [and] also indirectly by their tariffs to other countries," said Rhee Chang Yong.

World Bank president: Lower tariffs are good for everybody

World Bank Group President Ajay Banga said on Tuesday that lower tariffs are good for everybody, while noting that he has seen increased inter-regional trade and bilateral trade in recent years.

"Lower tariffs are good for everybody": World Bank president

WASHINGTON, April 22 (Xinhua) -- World Bank Group President Ajay Banga said Tuesday that lower tariffs are good for everybody, while noting that he has seen increased inter-regional trade and bilateral trade in recent years. Read full story