The UAE entered the world’s top 10 goods exporters in 2025 after merchandise exports reached $707 billion and total trade rose to $1.637 trillion.
Browsing: World Trade Organization
WTO ministers ended talks without renewing the digital tariff moratorium, leaving e-commerce duties unresolved and reform work unfinished.
Trump declared a 25 percent tariff on Iran trading partners, bypassing formal process and creating uncertainty for exporters, importers and foreign governments.
The EU considers retaliatory action if the US enforces tariffs on steel and aluminum, stating such measures are unjustified and urging Washington to provide official details.
WTO forecasts global merchandise trade growth of 2.7% in 2024 and 3.0% in 2025, citing easing inflation, declining interest rates, and risks from geopolitical tensions.
The European Union moves ahead with tariffs on Chinese electric vehicles despite opposition from Germany, risking potential retaliation from China in the bloc’s biggest trade clash in a decade.
India led a WTO meeting discussing resilient trade strategies, digital solutions for trade barriers, and climate action tailored for developing nations, fostering inter-regional cooperation.
New Delhi was a hub of activity on the 24th and 25th of May 2023 as it hosted the annual…