WTO chief warns of major trade contraction from Trump’s tariffs

WTO Director-General Ngozi Okonjo-Iweala warned that trade policy uncertainty is further weighing on projected trade growth this year. WTO Director-General Ngozi Okonjo-Iweala warned Tuesday that ... Read More

WTO warns Trump's tariffs risk reshaping global trade into 2 rival blocs

Moreover, as both superpowers try to diversify their trading partners, the Chinese Communist Party vowed to retaliate against ... global GDP could decrease by 7%, warned the World Trade Organization. Read More

WTO warns of global trade decline amid Trump tariff war

with the global volume now forecast to grow 4 percent slower than initial estimates. The WTO predicted at the start of the year that world trade would continue its expansion in 2025 and 2026 ... Read More

WTO slashes 2025 trade growth forecast, warns of deeper slump

“I am deeply concerned by the uncertainty surrounding trade policy, including the US-China stand-off,” WTO chief ... on global growth, with severe negative consequences for the world, the ... Read More

WTO chief says 'very concerned' as tariffs cut into global trade

Global trade is expected to plummet this year in the wake of President Donald Trump's tariff offensive, fuelling uncertainty that threatens "severe negative consequences" for the world ... Read More

Open global trade is only way to feed the world, WTO chief says

ROME: Global poverty will increase if the world doesn’t work to maintain a stable and open trading system, World Trade Organisation (WTO ... international commerce chief, is facing an uphill ... Read More

WTO warns US tariffs could cause a global trade fall

The World Trade Organisation has warned US President Donald Trump’s tariffs could cause a global trade fall. The WTO previously expected the goods trade to expand by 2.7 per cent this year. Read More

WTO warns US tariffs could shrink global trade in 2025

The World Trade Organization (WTO) has issued a stark warning that global trade is expected to ... % on most goods from the United States. WTO chief economist Ralph Ossa noted that tariffs ... Read More

WTO warns Trump’s tariffs risk reshaping global trade into two rival blocs

"China-US trade is 3% of world trade," said the director general of the World Trade Organization, Ngozi Okonjo-Iweala (pictured during the IC Forum at ETH Zurich, Switzerland, in February). Read More

WTO cuts 2025 trade growth forecast and warns of deeper slump

STORY: The World Trade Organization slashed its forecast for global merchandise trade from ... a decoupling of the two economies.” The WTO chief added that this trade disruption could increase ... Read More

WTO slashes 2025 trade growth forecast, warns of deeper slump

GENEVA (Reuters) - The World Trade Organization sharply cut its forecast for global merchandise trade from solid growth to a decline on Wednesday, saying further U.S. tariffs and spillover effects ... Read More