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World trade seen growing 2.4% in 2017, uncertainty weighs: WTO

World trade seen growing 2.4% in 2017, uncertainty weighs: WTO

Wednesday, April 12, 2017, 4:06 PM

World trade is on track to expand by 2.4% this year, though there is "deep uncertainty" about economic and policy developments, particularly in the US, the WTO said. The range for growth next-year has been adjusted to between 1.8 and 3.6%, from 1.8 to 3.1% last September, pointing to a risk that trade activity could be "stifled" due to lack of clarity about government policies.
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