WTO Warns Weak Trade Rules Could Cut Global GDP by 10%
The warning came in the WTO's annual flagship publication, World Trade Report 2026: A Critical Juncture for the World Trading System, which examines the achievements of the multilateral trading system over the past 80 years and the challeng
The WTO's World Trade Report 2026 warns that erosion of multilateral trade rules could reduce global GDP by as much as 10%, framing the current period as a critical juncture for the trading system. For African economies reliant on preferential access arrangements such as AGOA and EU EPAs, weakened rules-based trade raises risks of reduced market predictability and greater exposure to unilateral tariff measures.
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