Business correspondent, BBC News

The World Trade Organization (WTO) expected that global trade will decrease this year due to US President Donald Trump’s tariff.
He added that “severe negative risks”, including mutual definitions and political certainty, can lead to a more severe decrease in the trade of global goods.
“The decline is expected to be particularly sharp in North America,” said the World Trade Organization.
Ngzi okonjo-ewela, General Manager of the World Trade Organization, described as “dismantling” from the United States and China “a phenomenon that really worries me.”
The World Trade Organization previously expected the global commodity trade to expand by 2.7 % in 2025, but it now expects it will decrease by 0.2 %.
“The definitions are a political lever with large -scale severe consequences, and they are often unintended,” said Ralph Osa, chief economist.
“Our simulation shows that uncertainty in commercial policy has a significant impact on trade flows, which reduces exports and poor economic activity,” he added.
Also on Wednesday, the United Nations Trade and Development Authority, Untad, issued its own report that predicts global growth to delay to 2.3 % in 2025 due to the escalation of trade tensions and uncertainty.
He said that the projection was less than “2.5 % threshold that is widely seen as indicating a global recession.”
Some areas still see trade growth
The basic tariff started by 10 % on almost all foreign imports to the United States on April 5, although some countries and goods are exempt.
China has a much higher tariff, which is now 145 % on most commodities.
The stock market in the United States slid on Wednesday with a decrease in large indexes amid constant uncertainty.
Despite the prediction of the murdered trade with the United States, the World Trade Organization expects that some regions will continue to have commercial growth.
She said that Asia and Europe are still expected to spread modest growth in both exports and imports this year.
“The collective contribution to the growth of global trade in other regions will remain positive,” the World Trade Organization report said.
For the first time, the report contains expectations for the service trade – when you buy countries and sell services to each other instead of goods.
This is common in industries such as tourism or financing where nothing is shipped but a service is provided.
The World Trade Organization expects that service services will grow by 4 % in 2025, which is less than one percentage point less than expected.
Trump ads tariffs and climbing
Since Trump’s opening in January, there has been a wave of ads about definitions.
The US President says that import taxes will encourage American consumers to buy more US -made goods, increase the amount of tax that has been raised, and leads to huge levels of investment in the country.
However, critics say that re -manufacturing to the United States is complicated and can take decades and that the economy will struggle in the meantime.
Trump also retracted many of his ads.
Just hours after highly declining kicks against nearly 60 trading partners in America, they kicked earlier this month, Trump announced Stop for 90 days On this customs tariff for all countries, China stands out in the face of opposition to the escalation of politicians and markets.
In March, the bank of the Bank of England warned of the Trump tariff It can mean less money In the pockets of consumers in the United Kingdom.
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