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 Korean government has vowed to increase export financing to record levels this year in a bid to soften the potential impact of US President Donald Trump’s trade policies, especially on its key semiconductor and battery industries.| Global Trade Review (GTR)