Geneva, April 16, 2025 (AFP) - Global trade uncertainty could have 'severe negative consequences': WTO chief

NAMPA / AFP

2025-04-16

Global trade is expected to plummet this year in the wake of President Donald Trump's tariff offensive, fuelling uncertainty that threatens "severe negative consequences" for the world, the World Trade Organization warned Wednesday. Since returning to office, Trump has imposed a 10 percent tariff on imports of goods from around the world along with 25 percent levies on steel, aluminium and cars. While Trump made a U-turn on steeper tariffs for do......

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