Surge in Global Trade by 5.3% as Importers Rush Ahead of New US Tariffs
Global merchandise trade volume increased by 5.3% year-over-year in Q1 2025, driven by importers acting ahead of new US tariffs. North America saw the highest growth at 13.4%.
Global merchandise trade volume increased by 5.3% year-over-year in Q1 2025, driven by importers acting ahead of new US tariffs. North America saw the highest growth at 13.4%.
External Affairs Minister S Jaishankar discusses the evolving dynamics of global trade, emphasizing the importance of national security, trust, and strategic partnerships in busine...