WTO chief calls for reform of global trading system

GENEVA - The head of the World Trade Organization said that she agreed with U.S. calls for reform of the global trading system weeks ahead of a major meeting of the trade watchdog in Cameroon next month.

“We may not like the action (U.S. tariffs), but we must take the signal that we need to reform many of the things with the world trading system," Ngozi Okonjo-Iweala told the Munich Security Conference on Friday.

-Reporting by Emma Farge, editing by Thomas Seythal/Reuters