Atradius: Trade War Driving Growth in Global Trade Into Negative Territory
AMSTERDAM, Nov. 20, 2019 /PRNewswire/ — Atradius N.V. forecasts a 0.6% contraction in global trade growth this year with only a modest recovery to 1.5% growth in 2020. The US – China trade war is the biggest contributor to the slowing growth, however issues in other large emerging market economies, spill-overs from Germany’s automotive and manufacturing […] …