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
22:50
German Foreign Minister warns that the Black Sea is becoming a theater of war after attacks on commercial vessels
22:36
EU signs new European protocol on the cross-border confiscation and recovery of criminal assets
22:24
The EU adopts new control rules for sprat and turbot fishing in the Black Sea
22:20
Mobility shifts medical staff between states but does not resolve the EU-wide shortage. Romania remains one of the main countries of origin
22:16
The Railway Reform Authority has designated Siemens Mobility as the winner for 23 electric locomotives, under a contract worth over 764 million lei
See more news