The Latest Breaking News from WTO

WTO upgrades goods trade forecast as AI boom offsets Middle East disruption

World merchandise trade volume growth was stronger than expected and is now projected to reach 3.9% in 2026, up from 1.9% in the WTO's baseline forecast issued in March.

The Economic Times · Oct 8

WTO raises merchandise trade growth forecast to 3.9% as AI boom offsets hit from Middle East

The World Trade Organization is sharply increasing its forecast for global merchandise trade growth this year to 3.9%

The Independent UK · Oct 8

US probes EU carbon border tax over potential trade barriers

The EU's carbon border tax was designed to prevent companies from shifting production abroad to countries with weaker environmental rules — but the US says it amounts to a discriminatory trade rule.

Euronews · Oct 8

Piyush Goyal says India does not have structural excess manufacturing capacity

Piyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian production caters to both domestic and global demand. Speaking at the G20 Trade Ministers' Meeting in the US, Goyal also stressed WTO rules, supply-chain diversification, forced labour concerns and the…

The Economic Times · Oct 2

How World Trade Organization reform could help address the EU-China trade imbalance

The world was closely watching the high-stakes US-China summit in Washington from September 23 – 25, which resulted in the US and China agreeing, among other things, to extend their trade truce by two months. Now, the spotlight has shifted to Beijing, as the EU and China enter the final…

The Conversation · Sep 29

India reserves third-party rights in Russia-EU CBAM trade dispute in WTO: Official

Argentina, Brazil, Canada, China, Chinese Taipei, Indonesia, Japan, Saudi Arabia, South Korea, Malaysia, Norway, Paraguay, Singapore, Switzerland, Thailand, the UK and the US are other countries that have reserved their third-party rights in the dispute, the Geneva-based official said.

The Economic Times · Sep 25

The US sells more to Brazil than it buys – but Trump is slapping steep tariffs on its exports anyway

President Donald Trump has generally tried to justify his tariffs by asserting that they can help narrow the trade deficits the U.S. runs with most of the world. That argument is based on the fact that nearly all countries sell Americans more than they buy from the United States.

The Conversation · Sep 17

School Assembly News Headlines, September 16, 2026: Top national, international, business, sports updates and thought of the day

School assembly news headlines (September 16):Delhi is set to develop hostels catering to 10,000 students, while Google faces scrutiny concerning fraudulent Gmail accounts. The Supreme Court has issued a notice to regulate educational institutes. Dinesh Sharma has officially taken his oath as the lieutenant governor of Andaman and Nicobar Islands.…

The Economic Times · Sep 15

India’s strategic autonomy faces a trade test as WTO warns non-aligned economies could pay a price for fragmentation

India's foreign economic policy aims for broad trade ties. The WTO warns of rising costs in a fragmented global trade system. India's numerous free trade agreements offer preferential market access. Diversification and multiple pacts help maintain economic flexibility. This strategy counters rising trade costs in a bloc-driven world.

The Economic Times · Sep 15

A 'Prisoner’s Dilemma' is driving the trade war & the costs could be huge

The WTO’s World Trade Report 2026 says global trade is caught in a “Prisoner’s Dilemma”: countries have an incentive to protect their own markets, but when everyone raises tariffs and restricts imports, retaliation can shrink trade, raise prices and leave all sides worse off.

The Economic Times · Sep 15