WTO Cuts Forecast for Global GDP Growth in 2025 From 2.8% to 2.2% Due to Tariffs

NAMPA / Sputnik

2025-04-16

MOSCOW, April 16 (RIA Novosti) - The World Trade Organization (WTO) has decreased its forecast for global GDP growth in 2025 from 2.8% to 2.2%, citing tariffs, according to its Global Trade Outlook and Statistics report released on Wednesday. "The Global Trade Model also predicts a downward adjustment for global output as a result of new tariffs and heightened trade policy uncertainty. The baseline forecast assumed that world GDP growth at mar......

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