Global Trade Risk: WTO Expecting Contraction with Continued Trade War as Politically Displayed
The WTO (World Trade Organization) has announced its forecast stating they expect a fall this year in global trade due to U.S. President Donald Trump’s aggressive/set tariff policies. Simultaneous with the peak economy’s trade wars, this projection sets a scaling pessimistic scenario of the world’s economy averting a recession. Gloomy Downgrade Overview: WTO Expecting a…
