The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. President Donald Trump’s shifting tariff policies and a standoff with ...

The current Trump tariffs may not be mimicking the pre-WWII period, but they are certainly reminiscent of that.

President Donald Trump’s global trade war will hurt economies around the world this year, including the US, according to a new report by the World Trade Organization.

But Trump has long been critical of the organization, saying in 2018 that it “has been a disaster for this country.” And now, Trump’s economic tariffs plan has thrown global trade into disarray.

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 European Union is considering a replacement for the now largely paralysed World Trade Organization (WTO), according to comments made by European Commission President Ursula von der Leyen and ...