The World Trade Organization warns that if the trading system splits, it will cause huge economic losses. If the global system is fragmented and multiple free trade zones are formed, global GDP could fall by 6.9%. If the global system splits into geopolitical blocs, global GDP is expected to fall by 5.1%. If the trading system is reformed and expanded, global GDP is expected to grow by 2.9%.

The World Trade Organization warns that if the trading system splits, it will cause huge economic losses. If the global system is fragmented and multiple free trade zones are formed, global GDP could fall by 6.9%. If the global system splits into geopolitical blocs, global GDP is expected to fall by 5.1%. If the trading system is reformed and expanded, global GDP is expected to grow by 2.9%.