Archive · 2 Sep 2025

WTO Chief: Tariffs Disrupting Global Trade Rules

WTO Chief: Tariffs Disrupting Global Trade Rules

The head of the WTO, Ngozi Okonjo-Iweala, says new tariffs are messing up global trade.

Only 72% of trade now follows the usual rules, down from 80% earlier.

This is because of things like the tariffs the US put on goods from other countries.

She thinks the effects of these tariffs might become more clear in 2026.

While there's still some trade growth happening now, the situation could change later when stored goods run out.

The WTO still thinks trade will grow this year, but it might be slower than expected.

Sources