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WTO Report Warns Inaction Could Cost 10% of Global GDP
The WTO's 2026 World Trade Report outlines three future scenarios, projecting that strengthening multilateral trade rules could boost global GDP by 2.9%.
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Flows
WTO Director-General: AI drove 42% of 2025 goods trade growth
WTO Director-General Ngozi Okonjo-Iweala stated that AI and trade growth are intertwined.
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WTO Report Sees Stablecoin Potential for Global Trade
A new WTO study highlights stablecoins' growing role in easing cross-border payments for international trade, while flagging regulatory and infrastructure gaps.
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U.S. Bans Canadian Motorcycles, Alcohol in Trade War
The U.S. will ban imports of Canadian motorcycles, alcoholic drinks, and other goods from September 29, 2026, replacing 50% tariffs.
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Canada imposes CA$27.6 billion in retaliatory tariffs
Canada has enacted retaliatory tariffs on U.S. Goods worth CA$27.6 billion, with duties from 15% to 50%. The move escalates a trade rift that began when the U.S. Imposed its own tariffs last month after trade talks collapsed.
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South Korea's Semiconductor Exports Triple to Record $46.65 Billion
South Korea's semiconductor exports surged 209% year-over-year to a record $46.65 billion in August, driven by AI infrastructure demand.
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July Housing Starts Fall as Mortgage Rates Rise
U.S. Housing starts fell to 1.239 million units in July, below expectations, as higher mortgage rates slowed construction.
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Singapore's $47k per child bid to reverse low birth rate
Singapore has launched its largest-ever package of financial incentives, pledging over S$60,000 per citizen child.
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Nasdaq to launch 23-hour trading on Dec. 6
Nasdaq Inc. Plans to launch a 23-hour trading schedule on December 6, aiming to capture international liquidity and boost transaction fees.
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WTO adopts EU fatty acid duties report
The WTO Dispute Settlement Body adopted a panel report finding the EU's anti-dumping duties on Indonesian fatty acid imports violated trade rules.