Summary:
- The World Trade Organization (WTO) has increased its forecast for global trade growth in 2025, predicting a 3.4% increase.
- However, the WTO expects a slowdown in global trade growth in 2026, with a projected increase of only 2.5%.
- The report cites factors like the ongoing COVID-19 pandemic, geopolitical tensions, and high inflation as contributing to the expected slowdown in trade growth.