# The World Trade Organisation has warned that US President Donald Trump’s sweeping global tariffs will reverse international trade this year. A baseline tariff of ten-percent on almost all imports to the US kicked in on April 5th, although some countries and goods are exempt. The WTO previously expected global goods trade to expand by 2.7-percent this year, but it now forecasts it will fall by 0.2-percent. The organisation says trade policy uncertainty can dampen business confidence, reduce business investment, and thereby impair economic growth.
World Trade Organisation warns global trade will decline this year due to Trump’s tariffs