Trade wars causing havoc on world economy, says Dr M

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BAKU (Bernama): While the threat of war still looms despite the end of the Cold War, trade disputes which are fast turning into trade wars are causing havoc on the world's economies, says Tun Dr Mahathir Mohamad.

The Prime Minister said the uncertainties they caused have led to nations becoming unable to plan and develop their countries, impoverishing their peoples and causing social disorders that are capable of giving rise to civil strife, insurgencies and conflicts.