WTO Downgrades Global Trade Growth Forecast Due to Rising Tariffs

The World Trade Organization (WTO) has lowered its forecast for global trade growth in 2025, citing escalating tariffs as a major contributing factor. Trade tensions between prominent economic powers are disrupting supply chains and impacting businesses and consumers alike. The WTO emphasizes that small and less-developed countries face the brunt of these disruptions. Their lack of resources makes it particularly challenging to adapt to these shifts.