WTO 2026 Annual Report
4 Articles
4 Articles
The global trading system is experiencing “a defining moment,” the World Trade Organization (WTO) warned today in its annual report. It also stressed that a possible return to a “unilateral trade policy would have significant costs.” “Global trade policy and the WTO are facing the most serious and lasting disruption since the creation of the multilateral trading system 80 years ago,” the organization stressed in its annual report, repeating a st…
The World Trade Organization warned that failure to reform it could lead to a contraction of the world economy by about 10% by 2050, with increasing pressures caused by geopolitical tensions, industrial policies, and American customs duties. In its annual report, released today on Tuesday, the World Trade Organization compared three scenarios, namely, that once cooperation was strengthened, GDP [...] would be warned against a contraction of the …
'returning to a unilateral trade policy would have high costs', says the annual report
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