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158 new news items in the last 24 hours
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  2. Economy

The World Trade Organization (WTO) forecasts a 0.2% drop in world trade in 2025 amid US tariffs and trade tensions, warning that the decline could mark the worst post-pandemic slump

Raluca Ioana Draghici
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16 April 2025, 17:45
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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

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G4Media
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
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Economica
OMC avertizează că noile taxe vamale impuse de SUA vor duce la o contracție a comerțului global cuprinsă între 0,2% și 1,5%
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Ziare.com
Organizația Mondială a Comerțului oferă o estimare sumbră pentru 2025: Tarifele lui Trump vor duce la cea mai gravă prăbușire de după pandemie
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Euractiv
OMC: Tarifele lui Trump pot reduce comerțul mondial cu 0,2–1,5% în 2025

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The United States has announced that it will not renew the USMCA, a historic trade agreement with Mexico and Canada.
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The EU demands new tariff reductions from the United States for European exports, while the 50% taxes on oil remain under negotiation.
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WTO world trade economic decline commercial rates trade war trade uncertainties USA China trade war

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