Global Trade Struggles to Bounce Back from 2023 Slump, WTO Says

  • Goods barometer slips from November reading on auto softness
  • Activity should recover, WTO says, but uncertainty abounds

A crane moves a container at London Gateway port.

Photographer: Chris Ratcliffe/Bloomberg
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Global merchandise trade is struggling to accelerate from a slump last year amid signs that growth in the automotive industry is softening, the World Trade Organization said.