Protectionist Creeps
Prospects for global trade growth in 2016 and 2017 have been downgraded yet again, with the World Trade Organization estimating that, this year, trade will increase at its slowest pace since the post-2008 global recession. What is going on?
WASHINGTON, DC – Prospects for growth in global trade in 2016 and 2017 have been downgraded again. The World Trade Organization (WTO) now expects that trade this year will increase at its slowest pace since the post-2008 global recession. What is going on?