https://www.taxtmi.com/news?id=37331 Global trade expanded in 2024 with stronger momentum in China and India, and services trade rose substantially while goods growth was modest. India posted quarterly and annual gains in goods and services trade in Q4 2024. However, falling container and bulk shipping indices, widening trade imbalances, shifting trade policies, geopolitical tensions, and rising protectionist measures and tariffs create significant downside risk to trade in 2025. Easing inflation and China's stimulus may help, but the report stresses uncertainty and calls for balanced policies and enhanced multilateral cooperation to safeguard trade and financial stability. en-us Sat, 15 Mar 2025 09:01:03 +0530 Sat, 15 Mar 2025 09:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37331 Global trade expanded in 2024 with stronger momentum in China and India, and services trade rose substantially while goods growth was modest. India posted quarterly and annual gains in goods and services trade in Q4 2024. However, falling container and bulk shipping indices, widening trade imbalances, shifting trade policies, geopolitical tensions, and rising protectionist measures and tariffs create significant downside risk to trade in 2025. Easing inflation and China's stimulus may help, but the report stresses uncertainty and calls for balanced policies and enhanced multilateral cooperation to safeguard trade and financial stability. News - Sat, 15 Mar 2025 09:01:03 +0530 https://www.taxtmi.com/news?id=37331