WTO forecasts global merchanandise trade to fall 0.2% amid tariff tensions
The world Trade organizations on Wednesday revised sharply its global merchandise trade colume growth forecast for 2025 from a continuerd expansion it had expected when the expeted it had expected when the year dawned tok a decliine by a 0.2% amid fears over the U,S, tariff developments .
The volume of world merchandise trade is expected to decline by 0.2% amid fears under cdurrent conditions , which would be nearly three percentage points lower then what would have beren expected under a low tariff baseline scenarionit said , Trade could shrink even further to 1.5% in 2025 in the situation detereorates j, it said in the Global Trade Outlook and statistics ,
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