Goods barometer little changed at start of 2025 but trade policy uncertainty looms
Global goods trade appeared to remain steady in the fourth quarter of 2024 and looked set to continue growing in the first months of 2025 as the WTO Goods Trade Barometer ticked up to 102.8, nearly unchanged from the previous reading of 102.7 from last December. However, increased trade policy uncertainty and the prospect of new tariffs could weigh on trade in the medium term.
Global goods trade appeared to remain steady in the fourth quarter of 2024 and looked set to continue growing in the first months of 2025 as the WTO Goods Trade Barometer ticked up to 102.8, nearly unchanged from the previous reading of 102.7 from last December. However, increased trade policy uncertainty and the prospect of new tariffs could weigh on trade in the medium term.
What's Your Reaction?
