Global Trade Outlook Darkens as Tensions Rise 📉🌍
Rising trade tensions threaten global economic growth, warns WTO and UNCTAD. Asia shows modest resilience amid North America’s steep declines. 🌐💼
WTOReport
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China Slams U.S. Trade Tactics in New WTO Report 🚨🇨🇳🇺🇸
China’s latest report accuses the U.S. of undermining WTO rules through tariffs, sanctions, and ‘double standards,’ urging Washington to correct its trade policies. 🌍⚖️
China Retains Crown as World’s Top Exporter for 7th Straight Year 🌍📦
China dominates global merchandise exports for the 7th consecutive year, holding 14.2% of the market while imports remain steady at 10.6%.
Global Trade Set for 2.6% Comeback in 2024 🌍📈
The WTO predicts 2.6% growth in global trade for 2024, driven by resilient supply chains and strong demand in Africa and Asia. 🌐💼