World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala warned that world trade could experience the effects of US tariffs "later down the line" into 2026, as the recent surge in global commerce - driven by frontloading of goods during the first half of the year - begins to subside, APA reports citing Reuters.
"Possibly down the line, we'll begin to see some other impacts, as the goods in the warehouses are exhausted, and impacts begin to come in, but we'll see next year," she told Reuters. She added that this year WTO economists still expect "some growth."
