The World Trade Organization (WTO) has warned that global goods trade is now expected to shrink this year, driven by plummeting import and export figures from North America in the wake of the US’ tariff overhaul. The WTO had initially forecast a continued steady expansion of trade in 2025 and 2026, but following the announcement…| Global Trade Review (GTR)
The World Trade Organization (WTO) has warned that uncertainty over tariffs and trade restrictions threatens to undermine recent growth in global goods trade. Merchandise trade grew through the first three quarters of 2024, after a year-long slump during the previous 12 months. The WTO’s latest trade barometer, which forecasts short-term trends based on ...| Global Trade Review (GTR)
Maybank Singapore has announced it will provide supply chain finance to users of tradetech PracBiz’s transaction management platform.| Global Trade Review (GTR)