WTO: Tariff threats likely to weigh on global trade in 2025

Global merchandise trade ended 2024 on a high note, but uncertainty and looming tariff threats are likely to weigh down continued growth, the World Trade Organization said on Wednesday. The WTO Goods Trade Barometer is a snapshot of trade trends, accounting for several different measurements and factors in one “reading.” The baseline -- trade that is “on trend” -- is 100. The latest reading is 102.8, which puts global goods trade “above trend.” The reading is nearly identical to the...