Global Trade Faces Headwinds Amid Policy Changes and Geopolitical Risks

The latest UN Trade and Development (UNCTAD) report reveals that global trade expanded by an estimated $300 billion in H1 2025, but faces "mounting headwinds" in the second half due to policy uncertainty, geopolitical tensions, and slowing global growth. Developed economies outpaced developing countries, driven by surges in US imports and EU exports, while trade imbalances widened, with the US posting a larger deficit. 

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