Growing trade restrictions put world recovery at risk, warns WTO
WTO has found a total of 39 new trade restrictions between mid-October last year and mid-May this year, impacting trade in iron, steel, plastics and vehicles. That equates to an average of almost six restrictive measures per month, almost double the amount recorded during the previous review period
The continued escalation of trade-restrictive measures poses a real threat to the global economy and the shipping industry