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WTO hikes global trade forecast for 2025; slowdown expected in 2026

A cargo ship sits outside of the Port of Elizabeth marine terminal seen from Bayonne, New Jersey, U.S., April 9 2025. Shannon Stapleton | Reuters The World Trade Organization on Tuesday hiked its forecast for global trade growth in 2025 but warned that the outlook for 2026 had deteriorated. In its latest “Global Trade Outlook … Read more

China to stop claiming special WTO benefits that rankled U.S.

China will no longer claim the benefits available to developing nations at the World Trade Organization, removing a point of contention with the US that’s been a barrier to their agreement on reforming the global arbiter of commerce. Premier Li Qiang announced Tuesday in New York that the country will stop seeking new “special and … Read more

Europe to launch dispute against U.S. tariffs with WTO

This photograph shows a European flag flying outside the EU headquarters in Brussels on May 6, 2025. Nicolas Tucat | Afp | Getty Images The European Union’s executive arm on Thursday said it would launch a dispute with the World Trade Organization over the U.S.’s “reciprocal” tariff policy and duties on cars and car parts. … Read more

Global trade outlook for 2025 has ‘deteriorated sharply,’ WTO warns

Cargo ships and containers at Qingdao port in eastern China’s Shandong province on Dec. 4, 2024. Stringer | Afp | Getty Images The World Trade Organization (WTO) warned on Wednesday that the outlook for global trade has “deteriorated sharply” in the wake of U.S. President Donald Trump’s tariffs regime. “The outlook for global trade has … Read more

A tariff crisis is exactly the right time to reform the WTO

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a senior fellow at the Centre for International Governance Innovation, former executive director at the IMF and former counsellor at the World Trade Organization “Liberation day”, as US President Donald Trump triumphantly … Read more

China’s export boom sparks record number of WTO disputes

Stay informed with free updates Simply sign up to the Chinese trade myFT Digest — delivered directly to your inbox. China was targeted by a record number of trade disputes at the World Trade Organization last year as the country’s booming exports swamped international markets and triggered objections from its trading partners. Beijing was the … Read more

Trump tariffs could break WTO rules but pharma scrambles to prepare

A packet of antibiotics and various other medicines lie on a table in a pharmacy. Picture Alliance | Picture Alliance | Getty Images Europe’s pharmaceutical firms are rushing to prepare for the potential fallout of U.S. import duties, with some forming “tariff taskforces,” even as analysts warn that levies on the sector could break global … Read more

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