Global Trade Growth Faces 2026 Slowdown Amid Middle East Tensions, WTO Warns
WTO projects global trade growth to slow to 1.9% in 2026 amid Middle East tensions, with energy price shocks threatening further economic strain.
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WTO projects global trade growth to slow to 1.9% in 2026 amid Middle East tensions, with energy price shocks threatening further economic strain.
The WTO’s latest report highlights how geopolitical tensions, technological advances, and climate change are reshaping global trade, impacting economic growth and potentially leading to trade fragmentation.
The World Trade Organization forecasts a 2.6% rebound in global merchandise trade in 2024 after a contraction in 2023, attributing the growth to easing inflation and rising real incomes boosting consumption.