Donald Trump’s tariffs will narrow global trade, WTO

The World Trade Organization (WTO), US President Donald Trump forecasts that global trade will fall this year.

Added “severe risks”, including mutual tariffs and political uncertainty, can lead to a sharp decline in global goods.

“The winner is expected to be especially steep in North America,” he said.

Ngozi Okonjo-iweala, WTO Director General, the United States and China called the “a phenomenon concerned about me”. “

The previously expected global goods are expected to increase by 2.7% in 2025, but this will decrease by 0.2%.

The chief economist Ralph Ossa said: “Tariffs are a political arm with a wide variable and often thoughtful results.

“Our simulations show that the uncertainty of trade policy has an important moisturizer to reduce trade flows, exports and weakening economic activity,” he said.

In addition, the UN trade and development body, UNCTAD, trade in 2025 to increase trade tension and uncertainty in 2025, in 2025, in 2025, announced its own report to 2.3%.

This was more than 2.5% of the global recession, as an alarm of the global recession, “he said.

Although the initial tariff for 10% in almost all foreign imports in the United States, some countries and goods were released, the United States visited the United States.

China has a higher tariff that is 145% in most goods.

The US stock market slides in the opening of large indices that fall in the uncertainty on Wednesday.

Despite the forecast for trade trade in the United States, WTO is still waiting for some regions to grow.

This year, Asia and Europe, this year, both exports and imports, he said, he said.

“The collective contribution to the increase in world trade in other regions would also be positive,” he said in the WTO report.

The first time in the report, there is a forecast for services – these countries have served each other instead of goods instead.

This is widespread as areas or financing, as it is not physically or no physical shipping, but not a service.

WTO, services projects will increase by 4% in 2025, which is less than expected.

Trump’s announcements on tariffs since the opening ceremony in January.

According to the US President, the import taxes said that consumers will receive more American goods, increase the amount of taxes raised and cause large investments in the country.

However, the production of critics to the United States is complicated and said that for decades and the economy will compete.

Trump also pulled back many of his ads.

This month later, it was previously announced that this month was previously started this month after a steeper against 60 90-day break These tariffs, bar in all countries in front of the opposition of China, politicians and markets.

British Bank Governor Trump warned the tariffs in March would mean less money In the UK in their pocket of consumers.