Trade Watch-Trade Expands Amid Expectations of Higher Tariffs
you are currently viewing::Trade Watch-Trade Expands Amid Expectations of Higher TariffsJanuary 29, 2025--Global goods trade accelerated in the five months from July through November amid strong US economic growth and a spurt in demand fueled by expectations of higher import tariffs.
A measure of stress in global supply chains rose in December to the highest level since March 2022, driven by the extended rerouting of vessels around the Cape of Good Hope and the increase in trade volumes. Freight rates rose at a slower pace and remained 40 percent above the level of a year earlier. |
December 2, 2025-The global economy has proved more resilient than expected this year, supported by improved financial conditions, rising AI-related investment and trade, and macroeconomic policies. However, underlying fragilities are increasing. Labour markets are showing first signs of weakening despite the OECD unemployment rate steady at 4.9%, with job vacancies falling below their 2019 average in many countries and confidence softening.
December 2, 2025-The value of global goods imports affected by new tariffs and other import measures increased more than fourfold from mid-October 2024 to mid-October 2025 compared to the prior 12-month period,marking the highest coverage in over 15 years of WTO trade monitoring,according to the WTO Director-General's latest annual overview of developments in the international trading environment.