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WTO gives somber goods trade outlook, sees virus threat

Commonground

Senior Moderator
FEBRUARY 17, 2020 / 7:22 AM / UPDATED 38 MINUTES AGO
Excerpts


BRUSSELS (Reuters) - Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could become even worse due to the new coronavirus.
-snip-
The WTO said the new figure did not take into account the most recent developments, such as the outbreak of the new coronavirus, which could dampen trade prospects further.
-snip-
However, its new data indicated this recovery would not be sustained, with a decline now looking likely in the Jan-March period of 2020.

....https://www.reuters.com/article/us-t...-idUSKBN20B15T
 
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