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WTO Goods Barometer Confirms Steep Drop in Trade, Hints at Nascent Recovery

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World merchandise trade likely hit a historic low in the second quarter, according to the latest reading of the WTO Goods Trade Barometer.
CREDIT: Imaginechina via AP Images

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World merchandise trade likely registered a historic fall in the second quarter, according to the latest reading of the World Trade Organization’s (WTO) Goods Trade Barometer, a real-time gauge of trends in global trade. The WTO said additional indicators point to partial upticks in world trade and output in the third quarter, but the strength…

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