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Significant WTO trade dispute escalates to trade war by end of 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Reports from major news outlets such as BBC, Reuters, or Bloomberg
Story
Ngozi Okonjo-Iweala Reappointed as WTO Director-General for Second Term Amid Trade Wars
Nov 29, 2024, 12:34 PM
Ngozi Okonjo-Iweala, a Nigerian economist, has been reappointed by the World Trade Organization's General Council as its Director-General for a second four-year term. The decision was made during a special meeting, reflecting confidence in her leadership amidst looming trade wars. Okonjo-Iweala's reappointment comes at a critical time as the global trade landscape faces potential disruptions. Her tenure has been marked by efforts to revitalize the organization, leveraging her skills, personality, and seemingly inexhaustible energy. The reappointment has been welcomed by various stakeholders, including President Bola Tinubu of Nigeria and the Office of the United States Trade Representative, indicating broad international support for her continued leadership.
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Yes • 50%
No • 50%
EU wins • 25%
China wins • 25%
Settlement reached • 25%
No resolution • 25%
In favor of China • 25%
In favor of EU • 25%
Settlement reached • 25%
No ruling or outcome • 25%
Fully resolved • 25%
Partially resolved • 25%
Escalated further • 25%
No resolution • 25%
U.S. imposes tariff • 25%
Canada agrees to new terms • 25%
Mutual agreement reached • 25%
Dispute unresolved • 25%
Trade war with EU • 25%
Trade war with China • 25%
No major trade war • 25%
Other regions • 25%