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Brexit & Trade War: WTO warns of global economic slowdown | DW News
Posted
April 2, 2019
Views
11,572
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April 2, 2019
11,572
117
11
1.11%
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5:09Now PlayingThe World Trade Organisation (WTO) says that world trade growth is slowing at an alarming rate. Political instability and the persisting trade conflict between the world's two biggest economies are taking their toll. Britains increasingly chaotic dvorce preceedings from the EU make things worse than previously expected, global grotwth could slow even more dramatic in case of a no-deal Brexit, which looks increasingly likely. WTO analysts have lowered their growth forecast for 2019 from 3 point 7 to only 2 point 6 percent.
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