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Reports

Large increase in new tariffs but also measures to ease global trade, WTO report shows
02/12/2025

The value of global goods imports affected by new tariffs and other import measures increased more than fourfold from mid-October 2024 to mid-October 2025 compared to the prior 12-month period, marking the highest coverage in over 15 years of WTO trade monitoring, according to the WTO Director-General's latest annual overview of developments in the international trading environment. At the same time, WTO members introduced trade-facilitating measures on both imports and exports, covering one-and-a-half times more trade than the previous period, and were pursuing dialogue more than retaliation.