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Global Goods Trade Hit by Tensions and Rising Tariffs, WTO Says

  • Trade conflicts are taking a toll on global export orders
  • The WTO slashed global trade growth projections for 2019
Shanghai's Yangshan Deepwater Port Following U.S. And China's First Day of Trade Talks
Photographer: Qilai Shen/Bloomberg

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Global trade in goods will likely remain below trend through the current quarter due to heightened tensions and rising tariffs in key sectors, according to a World Trade Organization report.