Global trade set to shrink 18.5% in Q2: WTO

GENEVA: Global trade is expected to drop around 18.5% year-on-year in the second quarter of this year in a huge coronavirus-driven plunge which nonetheless could have been much worse, the World Trade Organization said Tuesday.

Global trade set to shrink 18.5% in Q2: WTO
GENEVA: Global trade is expected to drop around 18.5% year-on-year in the second quarter of this year in a huge coronavirus-driven plunge which nonetheless could have been much worse, the World Trade Organization said Tuesday.