The World Trade Organization has revised its estimates for world trade in 2025, predicting a contraction of 0.2% instead of 3% growth. This drastic change is the result of US-imposed tariffs and the intensifying trade war with China. If the tariffs are reintroduced, the WTO forecasts a fall in world trade of up to 1.5%, the worst since 2020. Although trade in services could grow by 4% in 2025, the estimates have been adjusted downwards due to trade uncertainties.
Sources
Tarifele lui Trump ar putea provoca o contracţie cuprinsă între 0,2 şi 1,5% a comerţului mondial în 2025, estimează Organizația Mondială a Comerțului
OMC avertizează că noile taxe vamale impuse de SUA vor duce la o contracție a comerțului global cuprinsă între 0,2% și 1,5%
Organizația Mondială a Comerțului oferă o estimare sumbră pentru 2025: Tarifele lui Trump vor duce la cea mai gravă prăbușire de după pandemie
OMC: Tarifele lui Trump pot reduce comerțul mondial cu 0,2–1,5% în 2025
Latest News
21:28
Romania’s Ministry of National Defence recovered three drone fragments from the Black Sea. None contained an explosive charge
21:11
Bacău invites Iași residents to cycle via banners installed at the city entrances, following the removal of the bike lanes in Iași
20:55
Two participants in the farmers’ protest were removed by gendarmes from a demonstration against extremism
20:42
Anti-extremism demonstration following the farmers’ protest: “Stop extremism and violence! A democratic Romania”
20:30
Friedrich Merz calls AfD victory in Mecklenburg-Western Pomerania “a disaster”
See more news