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Uncertainty over tariffs prompted the World Trade Organization to revise down its outlook for global goods trade, forecasting a contraction this year and possibly a deeper one if conditions ...
Trade in goods worldwide would slump by 1.5% if Trump follows through ... Despite the 90-day pause, “the enduring uncertainty ...
This development marks a pivotal shift in the Trump administration’s trade strategy, which has sparked global economic ...
"which could lead to an even sharper decline of 1.5% in global goods trade," particularly hurting export-oriented, least-developed countries. The recent tariff disturbances follow a strong year ...
Dr. Klaus Radermacher analyzes freight transport trends across air, sea, road & rail. A CO₂-focused outlook to 2050 from a ...
GENEVA, Dec. 9 (Xinhua) -- The World Trade Organization's (WTO) Goods Trade Barometer released on Monday indicates that global goods trade continued to expand at a moderate pace in the fourth ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Launching a historic global trade war, Trump announced at least 10 ... China then retaliated saying it would impose 84% levies on U.S. goods. And the European Commission, which represents the ...
It added "severe downside risks", including reciprocal tariffs and political uncertainty, could lead to an even sharper decline in global goods trade. "The decline is expected to be particularly ...
Goods imported from dozens of countries and territories are now going to be taxed at sharply higher rates, and that is expected to drive up the costs of everything from cars to clothes to computers.
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on ...