Latest Forecast For Global Trade Not Optimistic
Supply Chain Matters
DECEMBER 11, 2023
Global trade is reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 Further indicated was that: “ Geopolitical trends and including declining interdependencies between China and the United States are having a growing impact on global trade.” exports to China are reportedly down by 2 percent.
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