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Global trade slows for two consecutive months : BOK

2019-09-08 18 Dailymotion

한은 "글로벌 교역 2개월째 감소…금융위기 후 최초"<br /><br />Global trade has slowed down for two consecutive months,... a trend not seen since the 2008 global financial crisis.<br />That's according to the Bank of Korea's monthly publication on Sunday,... which showed that trade around the world decreased in June by one-point-four percent on-month.<br />The central bank attributed the decline to the weaking of global value chains,... worsened by the ongoing trade dispute between the United States and China.<br />The bank said the downward trend is likely to continue,... given the uncertainties surrounding the U.S.-China trade war,... America's protectionist trade policies,... as well as the negotiations on Britain's exit from the European Union. <br />

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