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Global trade could slide in 2025: WTO

The New Indian Express Thrissur

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April 17, 2025

THE World Trade Organization on Wednesday said the volume of trade in goods worldwide is expected to fall by 0.2% this year on account of US President Donald Trump's shifting tariff policies and a standoff with China.

- ENS ECONOMIC BUREAU @ New Delhi

It would take a more severe hit if Trump carries through on his toughest 'reciprocal' tariffs, WTO said. The decline in trade will be particularly steep in North America even without the stiffest tariffs, the global trade forum said on Wednesday, with exports there

The New Indian Express Thrissur

यह कहानी The New Indian Express Thrissur के April 17, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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