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WTO sounds alarm over global trade as fragmentation threatens 5% GDP hit

IOL ·
WTO sounds alarm over global trade as fragmentation threatens 5% GDP hit

The WTO warns that a fractured global trading system could cut world GDP by 5% by 2050, as tariffs, geopolitical tensions and a retreat from trade rules threaten living standards.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on iol.co.za — the content belongs to IOL.

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