The Independent emphasizes the need for quality journalism during critical moments, highlighting issues from reproductive rights to climate change. In a recent assessment, the World Trade Organization reported that Trump's tariff policies could lead to a considerable decline in global trade. They predict North American exports may decrease by 12.6% and worldwide trade volumes could drop by 0.2% by 2025 due to tariffs and uncertainty affecting business confidence. Moreover, further escalation could see more severe impacts on international trade dynamics.
"Donald Trump's tariff plans will cause global trade to shrink this year, with exports in North America expected to fall by 12.6%, according to the World Trade Organization."
"The WTO warned of unintended consequences from the changes, indicating that trade volume worldwide is likely to decrease by 0.2% in 2025 due to Trump's shifting tariffs."
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