Jack Ma Says Trade War Will Destroy Commerce, Hurt Everyone

“It’s going to destroy not only China-U.S. trade, it will destroy a lot of small businesses,” Ma said during a speech at the World Trade Organization on Tuesday. Members of the rules-making body, including the European Union and Canada, are pushing plans to reform the WTO, which they say is encumbered by outdated regulations, an anemic negotiating agenda and a broken dispute settlement system.

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