"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.

"For the last 10 years, if you look at the number of bilateral and regional trade deals being signed in the world, they are way in excess of what most people are paying attention to," Banga said at an event during the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF).

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