Ex-WTO head Lamy hails 'good ceasefire' on US-EU trade

By: Stephen Carroll Follow 1 min

A truce has been reached in trade tensions between the United States and the European Union – at least for now. Donald Trump and Jean-Claude Juncker reached a deal of sorts at their meeting in Washington on Wednesday. But has a trade war actually been averted, and what's the future for trade relations between the world's major economies? Pascal Lamy, former head of the World Trade Organization, gives us his take.