Category: WTO
-
WTO’s 2025 Trade Outlook — A Short-Lived Revival Amid Long-Term Uncertainty
The World Trade Organization (WTO) has raised its forecast for global merchandise trade volume growth to approximately 2.4% in 2025, a notable upgrade from its earlier projection of around 0.9%. This optimism, however, is tempered by a more somber forecast for 2026, when trade growth is expected to decelerate sharply…
-
Global Trade at a Crossroads: What the WTO’s 0.5% Forecast Reveals About the Future of Globalization
A Sharp Correction to Global Trade Optimism The World Trade Organization (WTO) has sent a jolt through the global economic community by slashing its merchandise trade growth forecast for 2026 to just 0.5%, down sharply from the 1.8% projected earlier. This downgrade represents not just a cyclical slowdown but a…