Trade
WTO Says Outlook for Goods Trade Is Clouding as Risks Mount
- Risks to outlook are now “firmly” on the downside, WTO says
- Goods trade is stagnant while commercial services stay robust
Among the other threats to the forecast is a “fragmentation of supply chains linked to geopolitical considerations.”
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
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Global goods trade in 2025 will grow less then initially forecast, the World Trade Organization said, as rising instability weighs on economic activity and threatens to disrupt shipping.