Trade Flows Set to Stay Weak, Says WTO

Global flows of goods across borders are on course to grow at the weakest pace since the financial crisis, according to the World Trade Organization, as trade tensions and rising tariffs continue to weigh on exports and imports.

The Geneva-body that mediates trade disputes Monday said its leading indicator of trade flows points to continued weakness as 2019 draws to a close, making it more likely that international trade will end the year having risen at a slower pace than in any since 2009, when trade collapsed in the wake of the global financial crisis.