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Import surge lifts goods barometer ahead of tariff hikes

July 1, 2025/

In early 2025, global trade showed renewed strength, with the WTO’s goods barometer rising to 103.5, its highest since 2021, driven by increased imports ahead of expected U.S. tariffs. Export orders, however, declined, suggesting a potential slowdown later in the year. The WTO forecasted 2.7% growth under a low-tariff scenario,...

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