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Trade Resilience in 2025, but WTO Lowers 2026 Forecast
In its October Global Trade Outlook and Statistics update, the World Trade Organization (WTO) has cut its 2026 global trade volume growth projection to 0.5%, down from 1.8% previously projected in August. WTO Director-General Ngozi Okonjo-Iweala noted, “Looking to 2026, the fact is there’s so much uncertainty, it’s hard to be conclusive.” She identified strong