World Trade Organization says global trade could slide this year because of Trump's tariff policies

APNews - 16/04
The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S.

GENEVA (AP) — The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. President Donald Trump’s shifting tariff policies and a standoff with China, but it would take a more severe hit if Trump carries through on his toughest “reciprocal” tariffs.

The decline in trade will be particularly steep in North America even without the stiffest tariffs, the global trade forum said Wednesday, with exports there this year expected to fall by 12.6% and imports by 9.6%.

The WT...
[Short citation of 8% of the original article]