WTO slashes world merchandise trade forecasts to 3.9%

Sep 27, New Delhi: The World Trade Organisation (WTO) on Thursday anticipated growth in merchandise trade volume of 3.9% in 2018, with trade expansion slowing further to 3.7% in 2019.

According to WTO, escalating trade tensions and tighter credit market conditions in important markets will slow trade growth for the rest ’18 & in’19

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