ChainCatcher reports that according to Jinshi, the World Trade Organization has lowered its global merchandise trade growth forecast for 2025 from the original 3.0% to -0.2%.
If the United States raises tariffs, the global economy could potentially decline by 1.5% in 2025, accompanied by spillover effects. Commodity trade is expected to moderately recover in 2026, with a growth rate of 2.5%.
