APEC sees trade policy volatility in April 9 times greater than average of 2015–2024

Trade representatives of APEC member economies are meeting today and tomorrow. To discuss multilateral trade and other cooperation agendas, including reforms of the World Trade Organization.

Headlines via Reuters: APEC sees regional GDP growth for 2025 at 2.6% down from 3.3% earlier

• Sees export growth for 2025 at 0.4% versus 5.7% in 2024
• Sees unprecedented rise in trade policy uncertainty fueled by frictions amplifies risks to growth for trade-dependent economies
• Sees trade policy volatility in April is 9 times greater than average of 2015–2024
• Export outlook downgrade due largely to US tariffs

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APEC stands for Asia-Pacific Economic Cooperation.

• It is a regional economic forum established in 1989 to promote free trade and economic cooperation throughout the Asia-Pacific region.
• APEC has 21 member economies, including the United States, China, Japan, Australia, and most major economies bordering the Pacific Ocean.

This article was written by Eamonn Sheridan at www.forexlive.com.