The value of global trade has only been magnified by recent turmoil, according to this chief economist, and globalisation will likely thrive as it takes on new forms and patterns.
In turbulent times, trade adapts and keeps the world going, benefiting consumers and strengthening economies. Trade is once again under pressure amid growing political polarization, economic uncertainty and rising protectionism. Trade facilitation is key to helping trade to adapt by removing the unnecessary obstacles that slow down legitimate flows.
The World Trade Organization (WTO) World Trade Report 2024 explores the complex interlinkages between trade and inclusiveness across and within economies.
US-China reach a fragile trade truce with tariff cuts and renewed talks, but deep structural tensions and strategic rivalry continue to cloud the outlook.
Top international trade stories: US tariff escalation and global responses; Traders race to beat Trump's 50% copper tariff; Global oil market tighter than it looks, warns IEA.
Top international trade stories: Global trade set to decline in 2025, WTO says; Tariffs take centre stage at IMF–World Bank Spring Meetings; US stocks slide on renewed Fed criticism and trade worries.
The Global Alliance for Trade Facilitation is reshaping trade reform in developing and least-developed countries by simplifying cross-border trade, making it faster and more inclusive. As of January 2025 the Alliance has engaged 47 global business partners and over 1,000 local Micro, Small and Medium Enterprises (MSME) in its activities, resulting in $12 million in in-kind contributions from ...
Today, trade tensions persist as governments and business leaders negotiate tariffs rates and exemption policies, fuelling uncertainty and turbulence in financial markets. Amidst the turmoil, we ask three experts why tariffs create such volatility in financial markets and how the instability could impact the global economy in the near future.
