World Trade Organization: If the United States raises tariffs, the global economy may experience a 1.5% decline in 2025
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2025-04-16 22:18:12
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According to online reports, the World Trade Organization said it will downgrade its forecast for global merchandise trade growth in 2025 from the original 3.0% to-0.2%. If the United States raises tariffs, the global economy may experience a 1.5% decline in 2025, with spillover effects. Commodity trade is expected to recover moderately in 2026, with a growth rate of 2.5%. (Jin Shi)
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