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WTO: The overall negative impact of tariffs on trade in 2025 is less than expected
On the 19th, the World Trade Organization (WTO) stated in its latest issue of the “Global Trade Outlook and Statistics” report that the overall negative impact of tariffs on trade in 2025 will be less than previously expected. Looking ahead to 2026, the WTO believes that recent developments in tariffs mainly reflect strategic adjustments rather than fundamental policy shifts. WTO economists estimate that by the end of February this year, the share of global trade conducted under the “Most Favored Nation” principle has rebounded to 72%. (First Financial)