WTO Sees Full Impact of US Tariffs Hitting Trade Growth in 2026
The World Trade Organization (WTO) forecasts a significant slowdown in global goods trade growth in 2026, primarily due to the delayed impact of the tariffs imposed by US President Donald Trump. Despite a surprisingly robust first half of 2025, the WTO expects a sharp deceleration in trade growth next year, indicating that the full effects of the US tariffs are yet to be felt. The report suggests that the initial resilience in trade was likely due to factors such as companies stockpiling goods in anticipation of the tariffs. However, as these measures continue to take their toll, the WTO predicts a more substantial impact on international commerce in the coming years. This slowdown in trade growth could have wider implications for the global economy, as trade is a key driver of economic activity.
Source: For the complete article, please visit the original source link below.
