Every month, the UN trade and development agency (UNCTAD) provides an update on what’s happening in the world of global trade. In March, the focus was on tariffs, and the report revealed that, whilst global trade reached a record $33 trillion last year, the outlook for 2025 remains uncertain, with...
However, concerns loom for 2025, where the risks include escalating trade wars, geopolitical tensions and shifting policies, clouding the outlook. According to the UN trade and development body (UNCTAD)’s Global Trade Update, the projected figure for this year marks a $1 trillion increase over 2023, driven by robust 3.3 per...