WTO projects slow global trade growth in 2026 against backdrop of rising Middle East tensions

WTO projects slow global trade growth in 2026 against backdrop of rising Middle East tensions

The WTO’s new chief economist Robert Staiger told a press conference that the “unusually strong trade growth” in 2025 was mainly driven by the frontloading of imports in North America in anticipation of higher US tariffs, as well as a surge in AI-related goods. But the two forces are “unlikely to persist through 2026,” said Staiger.

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