📖 Narrative

"The WTO said trade policy uncertainty had reached unprecedented levels in recent years as governments increasingly deploy tariffs, subsidies, export controls and industrial policies. Although about 72 per cent of global merchandise trade still takes place under WTO most-favoured-nation tariff terms, down from roughly 80 per cent in 2022, Staiger called the decline a “worrisome trend” that underscored the risk of a gradual erosion of the multilateral trading system."

Framing: mixed · First seen: 2026-09-15 · Last seen: 2026-09-15 · Spread: 1 articles