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US tariffs will make global trade shrink, says WTO
The World Trade Organization (WTO) has forecast that global trade will fall this year because of US President Donald Trump's tariffs. It added "severe downside risks", including reciprocal tariffs and political uncertainty, could lead to an even sharper decline in global goods trade.
The US has rejected India's WTO plea on steel and aluminium tariffs, stating the duties were imposed under national security, ...
As a result of President Donald Trump’s tariffs, global merchandise trade is expected to shrink in 2025 — with a “particularly steep” decline in store for North America, according to a new forecast.
This week's key events presented by Euronews' competition and trade reporter Peggy Corlin. View on euronews ...
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