June 24: Global trade is expected to drop around 18.5 percent year-on-year in the second quarter of 2020 in a coronavirus driven plunge which could have been much worse fears, WTO(World Trade Organization)said Tuesday (JUned 23).
“Initial estimates for the second quarter, when the virus and associated lockdown measures affected a large share of the global population, indicate a year-on-year drop of around 18.5 percent,” the WTO said in a statement. AFP
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