WTO gives somber goods trade outlook, sees virus threat
A traffic light is turned red in front of the WTO headquarters in Geneva, Switzerland, December 10, 2019. REUTERS/Denis Balibouse
BRUSSELS - Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization said on Monday, adding that the below-trend performance could be reduced even further by the new coronavirus. The WTO said that, based on a decline of its trade outlook indicator, year-on-year merchandise trade growth may fall again in the first quarter of 2020.
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