3119 views | Apr 17, 2025, 06:23:19 AM | TOI.in
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Trump’s Tariff Blitz Wrecks Global Markets: WTO Warns of 1.5% Slump, Exports Crash 12.6%

The World Trade Organization (WTO) has projected a 0.2% decline in global goods trade volume this year, citing U.S. President Donald Trump's evolving tariff strategies and the ongoing trade standoff with China. The WTO warned that if Trump proceeds with his harshest “reciprocal” tariffs, the impact on global trade could be significantly worse. Watch

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