WTO warns of global trade decline amid Trump tariff war

The WTO has deemed the impact of Trump's tariff overhaul and ongoing uncertainty a "crisis" and warned that if the situation deteriorates, trade flows could be reduced, leading to a 0.2 percent fall ... Read More

WTO chief warns of catastrophic global growth consequences amid trade wars

Investing.com -- The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, issued a stark warning against ... The WTO chief emphasized the severe global implications of ... Read More

Global trade outlook has ‘deteriorated sharply' amid Trump tariff uncertainty, WTO warns

The World Trade Organization has warned that the outlook for global trade has “deteriorated sharply” in the wake of President Donald Trump’s tariffs regime. Read More

World Trade Organization says global trade could slide this year because of Trump’s tariff policies

The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. Read More

Trump Tariffs Could Cause Global Trade Drop By 1% In 2025 Warns WTO

WTO Chief warned that Trump tariffs ... overall contraction of around 1 percent in global merchandise trade volumes this year," the World Trade Organization director-general said in a statement. Read More

WTO chief warns against 'catastrophic' tit-for-tat tariffs

Okonjo-Iweala issued her appeal during a panel discussion on tariffs at the World ... the global economic crisis at the time. "We are very much saying to our members at the WTO: you have other ... Read More

Global Trade Volume to Plummet by 32 Percent Due to COVID-19

World Trade Organization chief says rebound ... 32% fall in the global trade this year as the coronavirus pandemic disrupts regular economic activity. Addressing a virtual news conference, the ... Read More

IMF chief warns Trump’s new tariffs pose risk to global economy

"We will share the results of our assessment in the World ... global attention due to their potential to disrupt international trade flows and increase economic pressure worldwide. The IMF ... Read More