The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S.

The WTO has deemed the impact of Trump’s tariff overhaul and ongoing uncertainty a “crisis” and warned that if the situation ...

The World Trade Organization (WTO) has forecast that global trade will fall this year because of US President Donald Trump's ...

The World Trade Organization has sharply cut its forecast for global merchandise trade from solid growth to a decline, saying ...

Global trade is expected to plummet this year in the wake of President Donald Trump’s tariff offensive, fuelling uncertainty that threatens “severe negative consequences” for the world, the ...

“I’m very concerned,” WTO chief Ngozi Okonjo-Iweala told reporters, adding that the organisation expected to see trade volumes between the United States and China crumble by a whopping 81 ...

Ngozi Okonjo-Iweala (pictured) said a full-blown schism between China and the USA could leave the global economy 7% smaller ...

"I'm very concerned, the contraction in global merchandise trade growth is of big concern," WTO Director General Ngozi Okonjo-Iweala told reporters in Geneva. U.S. President Donald Trump imposed ...

Ngozi Okonjo-Iweala, left, Director-General of the WTO talks to the media about this WTO's "Global Trade Outlook and Statistics - April 2025" during a press conference at the headquarters of the ...

"I'm very concerned," WTO chief Ngozi Okonjo-Iweala told reporters, adding that the organisation expected to see trade volumes between the United States and China crumble by a whopping 81 percent.

GENEVA – Global trade is expected to plummet in 2025 in the wake of US President Donald Trump’s tariff offensive, fuelling uncertainty that threatens “severe negative consequences” for the ...

GENEVA (Reuters) -The World Trade Organization sharply cut its forecast for global merchandise trade from solid growth to a decline on Wednesday, saying further U.S. tariffs and spillover effects ...