News
16 April 2025

WTO warns of trade drop amid Trump's tariffs

In:
Other
Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

The WTO's latest Global Trade Outlook and Statistics report warns that the volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a "low tariff" baseline...

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