WTO reduces 2025 trade growth forecast

WTO reduces 2025 trade growth forecast

The World Trade Organization (WTO) has lowered its forecast for global trade, warning that instead of growing, trade in goods will actually shrink this year. It now expects a 0.2% decline in global merchandise trade, a major drop from its previous forecast of 3% growth made in October. This sharp downgrade is linked to rising trade tensions, especially involving the

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