Economics
WTO Says Record Global Trade in Goods Might Be Nearing a Peak
- Downside risks still pose threat to sustained growth in trade
- All the index’s components gained, though export orders slowed
Shipping containers stacked on a cargo ship at the Port of Los Angeles in Los Angeles, California.
Photographer: Bing Guan/BloombergThis article is for subscribers only.
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Global trade in goods might be close to plateauing -- albeit at a record level -- amid an outlook clouded by regional imbalances and coronavirus outbreaks that slow economic activity, the World Trade Organization said.