Despite US tariff hikes, global trade remains surprisingly strong
Global trade is proving far more resilient than many economists expected in the face of escalating U.S. tariffs, The Wall Street Journal writes. Despite forecasts of a decline earlier this year, the U.N. now projects global trade in goods and services will reach $35 trillion in 2025—a 7% jump driven by both higher prices and […]
Global trade is proving far more resilient than many economists expected in the face of escalating U.S. tariffs, The Wall Street Journal writes. Despite forecasts of a decline earlier this year, the U.N. now projects global trade in goods and services will reach $35 trillion in 2025—a 7% jump driven by both higher prices and […]
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