Egypt

“Ministers Information”: World Trade stands at a crossroads

The Information and Decision Support Center in the Council of Ministers affirmed its keenness to follow up, monitor and analyze everything that is included in the centers of thought and international institutions and regional and international news agencies regarding their consumption of the repercussions of economic events regionally and globally, with the study of the most prominent directions, influences and opinions that deal with the Egyptian issue or enter into the scope of its interest.

& nbsp; This framework has reviewed the information center of the most prominent international reports issued by the Fitch Agency, Bloomberg Agency, the World Bank and UNCTAD, which provide accurate and integrated readings of the course of the current global trade scene, and reveal the features of a new stage in the global trade path, where the center indicated that world trade witnesses during the year 2025 very volatile stages, due to the escalation of protectionist tendencies, and increasing geopolitical tensions, Commercial alliances change, which resulted in direct and indirect challenges on the global commercial system. To protect local industries amid the escalation of geopolitical and economic uncertainty. To support the resettlement of industries, governments are increasingly directing financial aid to enhance the competitiveness of the strategic sectors. On the other hand, it is noted a gradual and selective mitigation of some commercial barriers, especially in the consumer industries, which reflects the pursuit of the budget of protective trends with commercial openness, in support of allied countries.

& nbsp; Universally, global trade restricts, as these measures impose additional barriers for international trade and restrict access to markets; During the first week of July, five major markets, including the European Union, announced major foreign policy interventions, and the United States and India were the most active. Asian, European and African, in preparation for the application of mutual fees from August 1, 2025. Among these measures, Washington imposed 50% fees on copper under Article 232 for reasons related to national security. Tunisia, where it imposed additional fees ranging between 25% and 40%. On the other hand, exemptions were granted to more than 1500 products from these countries, especially those subject to the fees of Article 232. He justified that Canada imposes barriers that lead to an unfair commercial deficit.

& nbsp; The auto sector also excluded partially due to the deep links between the two markets.

& nbsp; The escalation came against the background of the trial of former Brazilian President Jayer Bolsonaro, amid threats to open a commercial investigation against Brazil. The pressures, and vowed a similar cold under the Law of Treatment Law, stressing that Brazil will not accept dictates. & Nbsp;

& nbsp; The imposition of customs duties on Indian passenger cars, which reveals the escalation of the commercial confrontation between the two countries. Where China imposed a 32.2% dumping fee on European wine and Brandi products, and imposed restrictions on government purchases of European medical equipment, in response to similar European measures. About three months ago, Trump’s announcement of new customs duties led to a temporary tremor in the financial markets. However, the reactions later were lukewarm, which was clearly evident on July 7, 2025 when the American president waved customs duties & quot & quot; On 14 countries, it ranged between 25% on Japan and South Korea, 50% on copper, and 200% on medicines, without a clear impact on global markets.

& nbsp; Its economist was not as catastrophic as he was previously afraid. A third team assumed that Trump will decline when negative consequences appear, but these three interpretations seem inaccurate when comparing the statements of the actual applications of customs policies, as customs duties continued to rise, and their average so far reached 10% compared to 2.5% in the past year, with weighting by increasing them to 17%. Even the new agreements concluded by the United States of America with countries such as Britain and Vietnam, they kept high levels of customs barriers compared to the beginning of the year. This is to half of its level registered in 2024. Although inflation is still relatively under control, the price high indicators began to appear, as a result of the approaching of the imported inventory, which may lead to an inflation level 3%.

& nbsp; His threats encourage him to move forward. Likewise, the gradual increase in the fees hides part of the negative impact, which leads to slow erosion in economic growth, similar to what Britain witnessed after leaving the European Union.

& nbsp; Long. This leads companies to focus on political influence to obtain privileges, rather than improving efficiency or innovation, which poses a structural threat to the performance of the American economy, according to the Economist. The gradual corrosion of growth may be not noticeable as direct crises, but it carries a danger of no less than it, and it may eventually undermine the stability of the American economy in the long run.

& nbsp; -Paid pre -emptive shipping operations before imposing definitions -is now witnessing a sharp slowdown, and trade growth is expected to decrease from 3.4% in 2024 to 1.8% in 2025, which is less than half of the average previous two decades on the Corona pandemic. The disorders of the supply chains, and the high level of uncertainty about policies.

& nbsp; 1.5% on a quarterly basis, at 3.5% on an annual basis. The growth of trade in services annually reached about 9%, which reflects the dynamics of the sector. 2025. It is expected to slow economic growth globally, which may reflect negatively on the trade.

& nbsp; Averages in 2024. & nbsp;

& nbsp;

According to UNCTAD, there are future risks that may hinder global trade growth, most notably: continued ambiguity on American trade policy, and the increase in protective industrial policies may lead to broader commercial frictions, especially if other countries take measures In revenge.

& nbsp; While some try to maintain the rules of the multilateral trade system, unilateral tendency and dual -based bilateral deals are escalating. & Nbsp;

& nbsp; It reintegrates the entire global trade map, and imposes a new reality that requires a reformulation of the international alliances and rules of the game.

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  • Source of information and images “rosaelyoussef”

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