WTO Lowers Global Trade Growth From 3.7 percent to 2.6 percent in 2019
- The World Trade Organization (WTO) has lowered its forecast for global trade growth in 2019 from 3.7 percent to 2.6 percent due to tensions and economic uncertainties in global trade.
- In its forecast report inSeptember 2018, the WTO had lowered the global 2018 and 2019 trade growth to 3.9 and 3.7 percent, respectively.