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Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization

Tariffs cause 'unprecedented' disruption to trade rules

The share of global traded on WTO terms has fallen to 72% and could fall further, amid the biggest disruption to the international trading system in the past 80 years, the Director-General of the World Trade Organization said today.

Business • 02 Sep

The WTO said today that world trade volumes unexpectedly declined by 1.2% in 2023

WTO eyes global trade rebound but warns of risks

The World Trade Organization said today that global trade should rebound this year from an unexpected slump in 2023, but warned that regional conflicts, geopolitical tensions and economic policy uncertainty risked darkening the picture.

Business • 10 Apr 24

The WTO said it now expected global trade to shrink by just 9.2% this year instead of its earlier prediction for a 12.9% slump

WTO sees softer-than-expected global trade drop

Global trade, devastated by the coronavirus crisis, will shrink by less than expected this year but the rebound will also be much weaker than previously forecast, the WTO said today.

Business • 06 Oct 20

The second quarter drop in world trade could have been much worse, the WTO said today

Global trade to shrink 18.5% in Q2, defying worst fears

Global trade is expected to drop around 18.5% year-on-year in the second quarter of this year in a huge coronavirus-driven plunge which nonetheless could have been much worse, the World Trade Organization said today.

Business • 23 Jun 20

The WTO has warned that 2020's trafde numbers would be 'ugly'

Global trade to plunge up to 32% in 2020 amid pandemic

Global trade growth is expected to plummet by up to a third in 2020 due to the coronavirus pandemic, the World Trade Organization said today, warning that the numbers would be "ugly".

Business • 08 Apr 20

global trade

Tariffs cause 'unprecedented' disruption to trade rules

WTO eyes global trade rebound but warns of risks

WTO sees softer-than-expected global trade drop

Global trade to shrink 18.5% in Q2, defying worst fears

Global trade to plunge up to 32% in 2020 amid pandemic

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