WTO slashes 2025 trade growth forecast, warns of deeper slump
The World Trade Organization (WTO) has dramatically revised its forecast for global merchandise trade in 2025, predicting a 0.2% decline instead of the 3.0% expansion projected last October. The downgrade reflects renewed U.S. tariffs, spillover effects from the U.S.–China trade war, and heightened policy uncertainty. With developing economies bearing the brunt of any downturn, the […]