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‘No Signs of a Sustained Easing’ of Global Trade Gridlock

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Global trade is at a standstill thanks to continued port congestions worldwide, and recurring bottlenecks exacerbated by the recent pandemic-related closures of major Chinese terminals including Ningbo-Zhoushan and Yantian. World trade is expected to stagnate in September, according to The Kiel Trade Indicator, which estimates trade flows including imports and exports for 75 countries worldwide…

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