{"id":150700,"date":"2025-10-07T18:50:57","date_gmt":"2025-10-07T18:50:57","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/wto-raises-global-trade-growth-forecast-to-2-4-for-2025"},"modified":"2025-10-07T19:15:47","modified_gmt":"2025-10-07T19:15:47","slug":"wto-raises-global-trade-growth-forecast-to-2-4-for-2025","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/wto-raises-global-trade-growth-forecast-to-2-4-for-2025","title":{"rendered":"WTO Raises Global Trade Growth Forecast to 2.4% for 2025"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Kenya. <\/strong><\/span>The World Trade Organization (WTO) raised its 2025 global trade growth forecast to 2.4%, up from 0.9% in August, but warned of a slowing growth for 2026, according to the Global Trade Outlook and Statistics report Tuesday.<\/p>\n<p>&#8220;Global merchandise trade outpaced expectations in the first half of 2025, driven by increased spending on artificial intelligence (AI)-related products, a surge in North American imports ahead of tariff hikes, and strong trade among the rest of the world,&#8221; it said.<\/p>\n<p>A 2.4% growth in the global trade this year would be below the 2024 level of 2.8%.<\/p>\n<p>Meanwhile, the global trade forecast for 2026 was lowered to 0.5% from 1.8%. The downward revision indicated that the effect of tariffs announced by US President Donald Trump, at varying levels by country and sector, may be shifted to 2026.<\/p>\n<p>WTO Director-General Ngozi Okonjo-Iweala stated that countries&#8217; measured response to tariff changes, the growth potential of artificial intelligence and increased trade, particularly among developing countries, have helped mitigate trade disruptions.<\/p>\n<p>She said that trade resilience in 2025 is thanks in no small part to the stability provided by the rules-based multilateral trading system.<\/p>\n<p>&#8220;Yet complacency is not an option. Today&#8217;s disruptions to the global trade system are a call to action for nations to reimagine trade and together lay a stronger foundation that delivers greater prosperity for people everywhere,&#8221; Okonjo-Iweala added.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Kenya<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Kenya. The World Trade Organization (WTO) raised its 2025 global trade growth forecast to 2.4%, up from 0.9% in August, but warned of a slowing growth for 2026, according to the Global Trade Outlook and Statistics report Tuesday. &#8220;Global merchandise trade outpaced expectations in the first half of 2025, driven by increased spending [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":150699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[10272,3591,15099,544,14025,4564],"class_list":{"0":"post-150700","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-all-news","8":"category-economy","9":"tag-forecast","10":"tag-global-trade","12":"tag-kenya","13":"tag-tariffs","14":"tag-wto"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>WTO Raises Global Trade Growth Forecast to 2.4% for 2025 - 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