Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag WTO reports global trade under MFN terms drops to 72%, marking the biggest disruption in 80 years due to US tariffs.

flag The World Trade Organization (WTO) reports that global trade under its 'most favored nation' (MFN) terms has dropped to 72%, down from 80%, due to higher tariffs imposed by the US. flag This marks the biggest disruption to international trade rules in 80 years, according to WTO Director-General Ngozi Okonjo-Iweala. flag Despite the challenges, the WTO has raised its global trade growth forecast from 0.2% to 0.9% in August.

21 Articles