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of <h1>Trade Tensions and Tariff Policies Threaten Global Economic Stability, Projecting Significant Decline in International Commerce</h1> Global trade is projected to decline by 0.2% this year due to tariff policies, with potential further reduction to 1.5% if stringent tariffs are implemented. North American exports and imports are expected to fall significantly. The trade tensions create economic uncertainty, potentially impacting vulnerable economies. The World Trade Organisation warns that trade policy unpredictability could substantially weaken global economic activity and trade flows.
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