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WTO: Trade growth to weaken further in Q4


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Where is trade headed?

The WTO isn’t happy about trade in the final four months of the year but not that trade is still growing, which is amazing given some of the tensions

However if the US decides on 25% tariffs on China, then we’re almost certainly going to have a contraction in world trade.

The World Trade Outlook Indicator is the lowest since October 2016

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