https://www.taxtmi.com/news?id=41193 The WTO projects a decline in global merchandise trade for 2025 driven by the reactivation of reciprocal tariffs and the spread of trade policy uncertainty. The report estimates that reciprocal tariffs and heightened uncertainty, separately and together, would reduce trade volume growth and could significantly deepen a downturn. Services trade growth is also expected to slow, and export-oriented least-developed countries are highlighted as especially vulnerable to these spillovers. en-us Thu, 17 Apr 2025 00:01:04 +0530 Thu, 17 Apr 2025 00:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41193 The WTO projects a decline in global merchandise trade for 2025 driven by the reactivation of reciprocal tariffs and the spread of trade policy uncertainty. The report estimates that reciprocal tariffs and heightened uncertainty, separately and together, would reduce trade volume growth and could significantly deepen a downturn. Services trade growth is also expected to slow, and export-oriented least-developed countries are highlighted as especially vulnerable to these spillovers. News - Thu, 17 Apr 2025 00:01:04 +0530 https://www.taxtmi.com/news?id=41193