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Friday, 27 June 2025
Economy

Worse trade outcomes possible if uncertainty spreads globally, warns WTO

Worse trade outcomes possible if uncertainty spreads globally, warns WTO

New Delhi: Global Goods Trade posted a strong growth in early 2025, but weakening export orders shows that this speed cannot be constant, the World Trade Organization (World trade organization) Said on Thursday Goods trade barometerUptic was operated by purchases in front of importers before anticipated high tariff.

The barometer grew from 102.8 to 103.5 in March, while the forward-loving new export order index fell to 97.9, which later indicates a weaker trade growth in the year. Barometer is an overall leading indicator for world trade, which provides real -time information on the trajectory of goods trading relative to recent trends.

The year-on-year growth in world trade became positive in the fourth quarter of 2023 and strengthened in 2024 inflation And low interest rates promoted real income and consumption.
“Year after year-on-year trade growth decreased in the fourth quarter of 2024, but there are new trade volume index for release in July.
The WTO said to show a reversal in Q1.

Global trade outlook And April statistics report predicted stable Trade growth 2.7% low-tariff in 2025 under baseline landscape, and a decline of 0.2% in an adjusted forecast
High -tariff Trade policy uncertainty“Policy changes since April have up and down the forecast, but worse results are still possible if uncertainty spreads globally,” it said.

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