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WTO cuts global trade forecast drastically

Anti-globalisation rhetoric, Brexit push trade growth to its slowest pace since the financial crisis, it warns

Published Tue, Sep 27, 2016 · 09:50 PM
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Geneva

THE World Trade Organization (WTO) on Tuesday downshifted its global trade forecast, warning that anti-globalisation rhetoric and "Brexit" were pushing trade growth to its slowest pace since the financial crisis.

The warning comes as talks on a landmark free trade deal between the European Union and United States battle stiff opposition and as Britain's EU exit causes jitters.

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