Director-General warns protectionism is accelerating as new barriers affect more than US$2.6 trillion in imports, though members also expand efforts to ease trade flows
global trade
Latest in global trade
Donald Trump
Gulf trade diplomacy in spotlight as WTO report highlights UAE, Saudi Arabia roles in global talks
Beyond the Middle East, the new WTO report signals a sharp deterioration in the global trade outlook
Donald Trump
WTO slashes 2025 trade forecast as Trump tariffs, policy uncertainty weigh on growth
WTO Director-General Ngozi Okonjo-Iweala warned that “potential signs of fragmentation” along geopolitical lines could cause the worst welfare losses for low-income economies
Brand View
Securing resources as trade continues to become more regional
Global trade is trying to get greener without losing out on profitability and authenticity.
bilateral economic relations
India, Middle East can step in to reshape global trade amid Trump tariff war, expert says
The UAE’s position as a global financial hub can complement India’s growing capital markets, enabling more Indian firms to list in the UAE and vice versa
global economy
Global trade to shrink by 0.2% as Trump tariffs trigger ‘dampening effect,’ WTO warns
Despite world economic growth forecast being slashed to 2.2%, WTO expects least-developed countries to potentially benefit from trade disruption
Bilateral trade
Analysis: UAE trade model offers lessons as Trump tariffs disrupt global commerce
Middle East’s exemption from Trump tariffs demonstrates how strategic economic relationships create diplomatic leverage as global trade faces disruption
BRICS
Navigating corporate geopolitics in a world between orders
The global economy continues to navigate a complex landscape marked by shifting geoeconomic power, a multiplication of localised proxy conflicts, disrupted supply chains, and heightened technological polarisation
China
China ‘miscalculated’ by becoming US trade competitor, says ex-Trump advisor
Barry Bennett’s comments come a week after Trump announced plans to impose a 10% tariff on Chinese imports upon taking office on Jan. 20
Donald Trump
ANALYSIS: US-China relations and the trillion-dollar question for global markets
The tech industry, global trade patterns, and international markets all hang in the balance, awaiting the outcome of the US presidential election
global trade
WTO forecasts rebound in global trade but warns of downside risks
This year’s projections on pick up in global goods trade follows a 1.2 percent contraction in 2023
Asia
BRICS UAE, Saudi expansion marks biggest challenge to the US dollar in the 21st century
The now enlarged BRICS+ deepens the pursuit of a post-dollar world as geopolitical fault lines shift, experts say
GDP
WTO slashes its global trade growth projections for 2023 to just 0.8%
The revised projections come amid a continued slump in global merchandise trade that began in the fourth quarter of 2022
DP World
The GCC is the ideal place to innovate and enhance global supply chains
In a region already at the forefront of innovation, another sector looks ripe for technological disruption
China
DP World to help Chinese trade zone bounce back with logistics solutions
Jafza owners will deploy the World Logistics Passport programme, which will provide Chinese businesses with faster and more cost-efficient access to global markets
China
UAE, Saudi Arabia non-oil economies to benefit from China’s mild trade reopening
Supply chain bottleneck is expected to ease, and global trade volume will increase by 3.5 percent this year
Brand View
Dubai Chamber: GBF LATAM returns to ignite dialogue between business leaders under themes of reform
Hamad Buamim, President and CEO of Dubai Chambers, explains that GBF LATAM forms an important strand of Dubai’s new strategy aimed at ensuring that foreign trade plays a more significant role in the emirate’s economic development
