How much has global trade been impacted by new tariffs according to the WTO?

Global imports affected by new tariffs and trade measures have surged to approximately $2.64 trillion, more than four times the previous period's figure.

What is the impact of US tariffs on India's exports?

India's exports to the US have declined significantly due to reciprocal tariffs, with concerns about future trade volumes if measures persist.

What reforms is the WTO calling for amidst rising protectionism?

The WTO is urging members to advance long-overdue reforms to address trade disruptions and better seize new trade opportunities.

Home / Business and Economy / WTO Warns: Protectionism Quadruples Trade Impact to $2.6 Trillion

WTO Warns: Protectionism Quadruples Trade Impact to $2.6 Trillion

2 Dec

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Summary

Global imports affected by tariffs surged over fourfold to $2.64 trillion.
Nearly 20% of world imports now face new tariffs, up from 12.6% a year ago.
India's exports to the US fell significantly due to reciprocal and penalty tariffs.

WTO Warns: Protectionism Quadruples Trade Impact to $2.6 Trillion

Global trade is facing unprecedented challenges as tariffs and trade-restrictive measures have surged dramatically. Imports affected by these measures have increased more than fourfold, reaching about $2.64 trillion in the 12 months leading up to October 2025. This represents a significant rise in protectionism, with nearly 20% of global imports now subject to new tariffs, compared to 12.6% a year prior.

The impact is being felt across nations, with India experiencing a notable downturn in its exports to the United States. Following the imposition of reciprocal tariffs, including additional penalties on certain goods, India's shipments to the US saw an 11.9% decrease in September 2025. This trend has caused concern among Indian exporters regarding future trade volumes.