In turbulent times, trade adapts and keeps the world going, benefiting consumers and strengthening economies. Trade is once again under pressure amid growing political polarization, economic uncertainty and rising protectionism. Trade facilitation is key to helping trade to adapt by removing the unnecessary obstacles that slow down legitimate flows.
US tariffs have upended international trade and caused volatility in global markets. The uncertainty, experts say, holds significant implications for the global economy.
Recent analysis of international flows reveals a surprising truth: global trade is shifting, but global connectivity has proven to be remarkably resilient.
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