Global Trade Decline: The WTO predicts a global trade decline in 2025-2026 due to US-China trade tensions and tariffs:

Daily Current Affairs / Global Trade Decline: The WTO predicts a global trade decline in 2025-2026 due to US-China trade tensions and tariffs:

Change Language English Hindi

Category : Business and economics Published on: April 21 2025

Share on facebook

"The decline is expected to be particularly steep in North America," the WTO said, forecasting trade to drop by more than a tenth in that region.
The WTO previously expected global goods trade to expand by 2.7% in 2025 but it now forecasts it will fall by 0.2%.

Maharashtra makes Hindi compulsory as a third language for Classes 1 to 5 under NEP 2020.
Read More....
India’s smartphone exports reach an all-time high, led by the PLI scheme.
Read More....
Supreme Court grants Centre more time on Waqf Act petitions; no appointments till next hearing.
Read More....
Nishchay Throws 19.59m to Bag Silver in Shot Put at Asian U-18 Athletics Championship.
Read More....
Time’s 2025 Influential People list excludes Indians; includes Trump, Musk, Starmer.
Read More....
Israel’s Defence Minister confirms Gaza annexation; troops to remain in Lebanon, Syria.
Read More....
WTO forecasts global trade decline in 2025–26 due to US-China tensions.
Read More....
US Fed Chief warns Trump's tariff policy may trigger inflation and economic slowdown.
Read More....
Bhagavad Gita and Natyashastra added to UNESCO’s Memory of the World Register.
Read More....
International Big Cat Alliance to establish its headquarters in India.
Read More....

Global Trade Decline: The WTO predicts a global trade decline in 2025-2026 due to US-China trade tensions and tariffs: