Global trade disruption hurts smaller economies most, WTO annual report warns
( September 15, 2026, 10:32 GMT | Official Statement) -- MLex Summary: The erosion of multilateral trade cooperation could cut global gross domestic product by up to 6.9 percent and global exports by 26.9 percent, the World Trade Organization has warned, with smaller and poorer economies facing disproportionate losses. In its 2026 World Trade Report published Tuesday, the body said that the global trading system is under pressure from shifting economic power and geopolitical tensions, but it added that around 72 percent of global trade still takes place under WTO rules.The statement is attached....
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