WTO reports on global trade developments in 2018
Mon. 8 Apr 2019On 2 April, WTO announced that world trade will continue to face strong headwinds in 2019 and 2020 after growing more slowly than expected in 2018. WTO economists expect merchandise trade volume growth to fall to 2.6% in 2019 — down from 3.0% in 2018. Trade growth could then rebound to 3.0% in 2020, however, this would depend on easing of trade tensions.