World Trade Organization
The World Trade Organization (WTO) released the Global Trade Outlook and Statistics-2025. It predicts a 0.2% decline in world merchandise trade in 2025. The decline is expected to be most significant in North America, with exports forecasted to drop by 12.6%. The report highlights severe risks, such as reciprocal tariffs and broader policy uncertainty. For the first time, the report includes a forecast for services trade alongside merchandise trade. Services trade is expected to grow by 4.0% in 2025.
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