WTO Predicts Softer Global Trade Slowdown Amidst Tariff Concerns

The WTO, an international trade organization, predicts a slower decline in global trade.

This is because companies are importing goods quickly to avoid potential new tariffs.

However, the WTO warns that while there might be some immediate benefits, the uncertainty created by these tariffs could hurt business investment and make it harder to plan ahead.

The WTO's Director-General has warned that further escalation of trade tensions may cause economic damage.