As tensions in the Strait of Hormuz escalate, global shipping companies are scrambling to keep trade moving by redrawing global trade maps through costly workarounds. For many industries that have ...
BRUSSELS — Trade chaos is forcing America’s allies closer together, and further from the United States. And as that happens, the European Union is trying to position itself at the center of a new ...
Global trade volume growth in 2025 is expected to hit 2.4%, up sharply from a previous estimate. For 2026, however, the organization slashed its previous expectation of 1.8% trade volume growth to a ...
DAVOS, Switzerland, Jan 22 (Reuters) - President Donald Trump's use of tariffs as a foreign policy tool added fresh impetus in Davos this week to efforts to boost global trade beyond the U.S., with ...
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The global trade system has remained resilient despite the U.S.' introduction of import tariffs on multiple goods from multiple countries, the WTO's chief told CNBC. Trump, the architect of U.S.
A vessel anchored off the coast of Dubai in the Persian Gulf on March 1. Stringer / EPA The conflict in Iran has disrupted energy and commodity markets. Iran has effectively closed the narrow strait ...
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