Trump tariffs will send global trade into reverse this year, warns WTO
1. WTO predicts global trade will decline by 0.2% due to tariffs. 2. US-China trade may plunge 81% to 91%, prompting economic concerns. 3. Trade policy uncertainty threatens business investment and economic growth. 4. Global GDP growth forecast reduced from 2.8% to 2.2% for 2025. 5. Services trade will decline indirectly due to weak goods trade.