GT Voice: US tariff moves sow chaos in global trade, ultimately backfire

GT Voice: US tariff moves sow chaos in global trade, ultimately backfire

The World Trade Organization (WTO) on Wednesday said that global goods trade appeared to remain steady in the fourth quarter of 2024 and looked set to continue growing in the first months of 2025, but increased trade policy uncertainty and the prospect of new tariffs could weigh on trade in the medium term.

Global trade in 2025: Resilience under pressure - Caribbean News Global

GENEVA, Switzerland – As trade uncertainty grows, global cooperation and balanced policies will be key to preventing economic fragmentation and safeguarding long-term growth. Protectionism and shifting trade strategies could disrupt global trade. Services trade remains strong, but goods trade faces uncertainty. Supply chains are evolving asfriendshoring and nearshoring UNCTAD urges balanced policies and multilateral cooperation. Global trade st…

Eduardo Camín World merchandise trade remained stable during the fourth quarter of 2024, and everything seemed to indicate that it would continue to grow during the first months of 2025, after the WTO Barometer on Trade in Goods reached a value of 102.8, virtually unchanged from the 102.7 figure recorded last December. However, the increase in uncertainty surrounding trade policy and the prospect of new tariffs could hamper trade in the medium t…

Mexico City.- In just under two months, the Republican president of the United States, Donald Trump, began to outline a reconfiguration in the world order with his tariff measures, experts from the Ibero-American University pointed out. In conference, the professors agreed that the policies implemented by the tycoon endanger geopolitical accommodation, by using the economy to negotiate political aspects such as drug trafficking and irregular mig…

In the fourth quarter of 2024, world merchandise trade remained stable, which could indicate that it will continue to grow in the first months of 2025, although the increased uncertainty surrounding trade policy and the prospect of new tariffs could affect trade in the medium term, warned the Barometer on Trade in Goods published by the World Trade Organization (WTO). The indicator, which provides real-time information on the trajectory of trade…

The World Trade Organization (WTO) warned of the possible negative impact on international trade due to recent tariffs imposed by the United States and reprisal measures announced by other nations. Although world merchandise trade remained stable in the fourth quarter of 2024, growing uncertainty could slow its growth in the coming months. According to the WTO Barometer on Trade in Goods, the index reached a value of 102.8 in the last quarter of…