WTO Raises Forecast for Trade Rebound
World Trade Organization slightly raises 2024 goods trade forecast but wary of potential setbacks
The Geneva-based WTO projected that global goods trade will increase by 2.7% this year, compared with the 2.6% it forecast in April. But it predicted growth of 3% next year, down from the 3.3% it forecast previously. Last year, the volume of world merchandise trade was down 1.1%, pushed lower by high inflation and rising interest rates.
The World Trade Organization on Thursday lifted its estimate for global goods trade to rise 2.7% this year, up from its view ...
The World Trade Organization on Thursday nudged up its forecast for global trade volumes this year and said a further pick up ...
New reports from the World Trade Organization and a Washington think tank showed how robust global trade could quickly be ...
The World Trade Organization's chief economist Ralph Ossa says global trade is on the up despite growing conflicts and trade ...
But over the last 15 years, WTO negotiations have frequently resulted in stalemate, evident most notably in the failed Doha ...
The Mainland Affairs Council of Taiwan (MAC) on Saturday expressed its opposition to what it termed China’s “economic ...
Next on the list, it wants to tinker with the country’s relationship in the World Trade Organization (WTO). The White House claims they want to negotiate trade disputes outside the WTO because ...
According to the report, global merchandise trade experienced an upward trend in the first half of 2024, showing a ...
China's trade spat with the European Union deepened as Beijing introduced tariffs of up to 30 percent on brandy originating ...
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