Nigeria: WTO Slashes Global Trade Outlook On Trump Tariff Disruptions

Nigeria: WTO Slashes Global Trade Outlook On Trump Tariff Disruptions

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.

Confusion clouds global economy

The US tariffs have upended the global economic order in just weeks. Though the violent market reaction forced the hand of President Donald Trump to temporarily suspend most tariffs on all, barring China, until July to reset new terms of trade with countries facing his higher reciprocal tariffs, it has triggered a new climate of uncertainty. With uncertainty escalating into a global trade war, the financial markets continue to roil as worries ov…

‘We’re Talking to China,’ Trump Says as Markets Prepare for Trade Uncertainty – Markets and Prices Bitcoin News

‘We’re Talking to China,’ Trump Says as Markets Prepare for Trade Uncertainty ‘We’re Talking to China,’ Trump Says as Markets Prepare for Trade …

‘We’re Talking to China,’ Trump Says as Markets Prepare for Trade Uncertainty

Over the next week, all eyes will focus on U.S. President Donald Trump’s tariffs after equities and crypto markets rode a roller coaster last week. Trump says China has sought dialogue repeatedly, as the tariff standoff between the U.S. and China reaches unprecedented heights, with each side levying steep duties on the other’s goods. Markets...

China Tariff Retaliation Could Bring Economic Uncertainty

A Tennessee Tech economics expert said China’s tariff retaliation has brought a lot of uncertainty to the US economy. Business Dean Dr. Thomas Payne said the volatility in the stock exchange is a result of the policies. Payne said the uncertainty in the economy may hang around until a new trade deal with China is done. “Hitting back with that 125 percent is another signal that they are willing to go nose-to=nose with us at least for the time bei…

The trade dispute between the United States and China continues to intensify, with American President Donald Trump maintaining an aggressive stance. However, political analyst Thiago de Aragão, CEO of the consultancy firm Arko Advice International, questions whether this approach is truly strategic or whether Trump is underestimating China's retaliatory power. The situation remains tense, with both countries applying retaliatory measures and the…