WTO Warns of 7% Global GDP Drop from US-China Trade Split

The World Trade Organization (WTO) has issued a stark warning about the potential economic devastation of a U.S.-China decoupling. According to WTO Director-General Dr. Ngozi Okonjo-Iweala, this trade split could lead to a 7% decrease in global GDP. This significant impact would extend beyond just the U.S. and China, destabilizing markets, disrupting supply chains, and leading to increased volatility in traditional and digital assets.