The WTO report, released earlier this week, according to GTRI, pointed to a marked cooling in global merchandise trade after the tariff-driven surge earlier in the year.
Geneva [Switzerland], June 23 (ANI): The volume of merchandise trade shrank by 3 per cent year-on-year in the first quarter as the COVID-19 pandemic upended the global economy, according to data released on Tuesday by the World Trade Organisation (WTO).