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Global trade growth strong but at risk if conflict escalates, WTO says

Reuters  |  GENEVA 

By Tom MilesGENEVA (Reuters) - World trade in goods is maintaining a robust recovery, but it still might falter if trade tensions escalate further, the World Trade Organization said in its annual forecast on Thursday.Trade in goods will grow 4.4 percent this year after a decade averaging 3.0 percent a year following the financial crisis. Last year it grew 4.7 percent - much higher than the 3.6 percent forecast in September - and a further 4.0 percent rise is expected in 2019, the WTO said."However, this important progress could be quickly undermined if governments resort to restrictive trade ...

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First Published: Thu, April 12 2018. 17:13 IST