Trump’s Global Tariffs Could Shrink Trade by 1%, Warns WTO Chief
The global trade landscape just got a major shake-up. In response to President Donald Trump’s sweeping new tariffs, the head of the World Trade Organization (WTO) has issued a stark warning: we could see global merchandise trade volumes contract by around 1% this year. The warning came on Thursday from WTO Director-General Ngozi Okonjo-Iweala, just…
