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Global merchandise trade is headed for a decline in 2025, the World Trade Organization (WTO) warned on Wednesday, as US President Donald Trump's renewed tariff push casts a shadow over the fragile ...
The WTO said it expected trade in goods to fall by 0.2% this year, down from its expectation in October of 3.0% expansion. It said its new estimate was based on measures in place at the start of ...
WTO Chief warned that Trump tariffs would have substantial implications for global trade US President Donald Trump's worldwide tariff salvo could lead to an overall contraction of around 1 percent ...
the World Trade Organization’s (WTO) forecast shows. Data from the WTO’s Global Trade Outlook Report April 2025 showed that the 166-member global trade organization has trimmed its ...
Abuja — The World Trade Organization (WTO) has slashed its forecast for merchandise trade this year as soaring US tariffs and broader uncertainty hammer international commerce. The Geneva-based ...
The World Trade Organisation (WTO) warned of a potential contraction in global goods trade in 2025, forecasting a 0.2 per cent decline in world merchandise trade volume under current conditions ...
North American trade will be hardest hit while Asia, Europe will see modest growth This year’s contraction will be even worse if the US pushes ahead with threatened higher levels of so-called ...
The World Trade Organization, WTO, on Wednesday slashed its forecast for global merchandise trade from solid growth to a decline. It said further US tariffs and spillover effects could lead to the ...
according to a new report by the World Trade Organization. The WTO projects global economies will grow more slowly than they would without tariffs — and that will be especially the case in North ...
GENEVA, Switzerland - The World Trade Organization (WTO) sharply cut its forecast for global merchandise trade from solid growth to a decline on Wednesday, saying further U.S. tariffs and spillover ...
The World Trade Organization slashed its forecast for merchandise trade this year as soaring US tariffs and broader uncertainty hammer international commerce. The Geneva-based WTO expects the ...
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