World Trade Organization: If the United States raises tariffs, the global economy may shrink by 1.5% this year

ChainCatcher news, according to Jin10 reports, the World Trade Organization has lowered its forecast for global merchandise trade growth in 2025 from the original 3.0% to -0.2%.

If the United States raises tariffs, the global economy may experience a decline of 1.5% in 2025, accompanied by spillover effects. A moderate recovery in merchandise trade is expected in 2026, with a growth rate of 2.5%.