The World Trade Organisation in September downgraded its forecast for global trade growth, predicting the volume of goods moving around the world would expand by 3.9 per cent this year and slow to 3.7 per cent in 2019. Photo: Reuters
The World Trade Organisation in September downgraded its forecast for global trade growth, predicting the volume of goods moving around the world would expand by 3.9 per cent this year and slow to 3.7 per cent in 2019. Photo: Reuters

WTO warns global trade is suffering ‘a death from a thousand cuts’ as 2019 fears increase

  • World Trade Organisation’s chief economist Robert Koopman follows up comments by US Federal Reserve chairman Jerome Powell
  • Impact of the trade war between China and the United States and possible slowdown in the world economy next year is concerning financial markets

The World Trade Organisation in September downgraded its forecast for global trade growth, predicting the volume of goods moving around the world would expand by 3.9 per cent this year and slow to 3.7 per cent in 2019. Photo: Reuters
The World Trade Organisation in September downgraded its forecast for global trade growth, predicting the volume of goods moving around the world would expand by 3.9 per cent this year and slow to 3.7 per cent in 2019. Photo: Reuters
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