#TradeStories The World Trade Organization (WTO) has projected a 0.2% decline in global merchandise trade for 2025, with North American exports expected to drop by 12.6%. In a worst-case scenario, trade could fall by 1.5% if tensions escalate further. The WTO also revised services trade growth down to 4.0%, citing rising tariffs, policy uncertainty, and inflation as key risks, particularly for vulnerable economies. #TradeStories