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The government’s meagre attempts to manage the coronavirus trade shock

WTO figures predict that global trade will fall by between 13 per cent and 32 per cent this year. How resilient is the UK?

By Angus MacNeil   June 2020

Delegates attend the opening ceremony of the WTO General Council at the organisation’s headquarters in Geneva, December 2019. Photo: © SALVATORE DI NOLFI/EPA-EFE/Shutterstock

Covid-19 has presented major and lasting challenges to global trade. As a result of the pandemic, we are seeing unfamiliar and unpredictable pressures being placed on sensitive supply chains, travel restrictions in many countries and upended patterns of demand. Combined, these have caused huge disruption, the scale of which can be seen in recently published World Trade Organisation (WTO) figures that predict global trade will fall…

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