The World Trade Organization warns “deteriorated”, “it has deteriorated” sharply. “

The World Trade Organization warned on Wednesday that global trade expectations “deteriorated sharply” in the wake of the US President Donald TrumpDefinition system.

The World Trade Organization said in its latest report, “Expectations and Statistics” on Wednesday, “World Trade expectations have deteriorated sharply due to the increased customs tariffs and uncertainty in commercial policy.”

Depending on the currently in place definitions, including a 90 -day suspension of the “mutual tariff”, it is now expected that the volume of global goods trade will decrease by 0.2 % in 2025, before spreading a “modest” recovery by 2.5 % in 2026.

The decline is expected to be particularly sharp in North America, where exports are expected to decrease by 12.6 % this year.

The World Trade Organization has also warned that “extreme behavior risk is present”, including the application of “mutual” definitions and the wider effects of uncertainty in politics, “which may lead to a 1.5 % more severe decrease in the trade of global commodities”, especially from countries directed towards export and less developed.

The World Trade Organization said that recent definition disorders follow a strong year for global trade in 2024, as the merchandise trade grew by 2.9 % and commercial services trade by 6.8 %.

The World Trade Organization added that the new estimate of a decrease of 0.2 % in World Trade 2025 is less than 3 degrees Celsius less than it could have been under the foundation line scenario “low tariff”, and represents a major reflection since the beginning of the year when economists in the Commercial Authority expect to see continuous expansion through improving large economic conditions.

The World Trade Organization said: “The risks to expectations include the implementation of mutual definitions currently suspended by the United States, in addition to the broader uncertainty in the uncertainty in commercial policy beyond the trade relations associated with the United States.”

“If enact, the mutual definitions will reduce the commercial growth of global goods by 0.6 additional percentage points, which poses special risks for the less developed countries (LDCS), while the spread of uncertainty in the TPU will lead to a throat of a contrast in the folder of 0.8.

Trump amazed commercial partners and global markets in early April, when he announced a group of so -called mutual definitions on imports from more than 180 countries. Beijing was the most difficult ever, as the total Chinese imports are now effectively 145 %. China, in turn, returned in Washington with a retaliatory tariff from Up to 125 % on American imports.

“The definitions between China and the United States are likely to lead to a” radical contraction “of the two trade.

He pushed large -scale market turmoil after the definitions were announced to a temporary climb by Trump, with the president’s announcement last week that New duties on imports from most trading partners will be reduced to 10 % for 90 days In order to allow Commercial negotiations With Washington counterparts.

The World Trade Organization said in its report on Wednesday that the impact of recent commercial policy changes is likely to differ sharply from one region to another.

In modified forecasts, North America now offers 1.7 percentage of global goods trade growth in 2025, which led to the total negative number.

Meanwhile, Asia and Europe continue to contribute positively, but less than the foundation line scenario, as Asia’s inputs decreased to 0.6 percentage points.

The World Trade Organization added that the turmoil in the United States and China trade “leads to a large transformation of trade,” which raised concerns between the third markets about increasing competition from China.

“Chinese goods exports are expected to increase by 4 % to 9 % in all regions outside North America where trade is redirected. At the same time, US imports from China are expected to decrease sharply in sectors such as textiles, clothing and electrical equipment, creating new export opportunities for other suppliers capable of this,“ The commercial organization that has been observed cannot open this matter to the arrest of anything recorded.

Osa said that many members of the World Trade Organization raised the issue of commercial transfer.

“But one of the really important things that must be taken into account is that this is a two -way street, if you are thinking about European companies, for example, trying to export cars to the United States, they also face a 25 % tariff now and they will also need to find markets of a new destination for these products. Therefore, not only Chinese goods coming to Europe but also for European goods that need new customers.”

OSSA added that it is important to be managed in a cooperative manner.

– Sophie Kiderlin of CNBC contributed to this report.