WTO: US unilateral trade policies could cost global economy $12 trillion by 2050

A WTO report estimates that dismantling the rules-based international trade system in favor of unilateral policies, as pursued by the Trump administration, could reduce global production by 5-10% by 2050, equivalent to losses of up to $11.8 trillion. The report highlights the economic risks of trade fragmentation and increased uncertainty. This is an analytical projection, not a current event, but it underscores the stakes of ongoing US trade policy.