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Tariffs and Trade War Drag Down Flow of Global Merchandise: WTO

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World merchandise trade is expected to remain below trend in the third and fourth quarters, according to the WTO Goods Trade Barometer.
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World merchandise trade is expected to remain below trend in the third and fourth quarters, according to the World Trade Organization’s (WTO) latest Goods Trade Barometer. The indicator’s reading of 96.6 marks a slight improvement compared to the 95.7 registered in August. Like its counterpart for services, the Goods Trade Barometer aims to gauge momentum…

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