Key Metrics
12.26
Heat Index-
Impact LevelMedium
-
Scope LevelGlobal
-
Last Update2025-09-02
Key Impacts
Negative Impacts (8)
Event Overview
Signals of mounting strain on international trade governance reflect broader trends of eroding multilateral cooperation and rising reliance on alternative frameworks outside established rules. The decline in transactions governed by formal trade agreements underscores regulatory fragmentation, increased protectionism, and potential for systemic instability. Stakeholders face heightened uncertainty as global supply chain shifts, trade barriers, and policy divergences intensify the vulnerability of cross-border commerce.
Collect Records
WTO Director-General Warns of Unprecedented Disruption to Global Trade Rules
World Trade Organization Director-General Ngozi Okonjo-Iweala stated that the international trading system is experiencing its most severe disruption since World War II, with the share of global trade conducted under WTO rules falling to 72% and possibly decreasing further. She warned that as the global trade surge driven by advance stocking in the first half of the year begins to subside, the world may gradually feel the impact of tariffs until 2026.