WTO forecasts 0.9% growth in global trade for 2025, warns of U.S. tariff impact I Economy India
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WTO forecasts 0.9% growth in global trade for 2025, warns of U.S. tariff impact I Economy India
WTO warns high tariffs under Donald Trump could dampen future trade momentum NEW DELHI I Economy India: he World Trade Organization (WTO) has projected that global goods trade will expand by 0.9% in 2025, a slight improvement from earlier pessimistic estimates, but far below pre-tariff expectations. The upward revision comes as U.S. imports surged this year, partly due to accelerated shipments aimed at bypassing higher tariffs imposed by Preside…
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