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A Proxy On Global Trade Growth From Analysts At Jefferies

2017-12-05 valuewalk
Heading into the year, many analysts were predicting a trade war between China and the US as tension mounted, but the opposite has happened. As 2017 draws to a close, the International Monetary Fund is projecting the volume of trade in goods and services will have climbed 4.2% over the year, up from 2.4% in 2016. If these figures turn out to be accurate, this will be the first time trade has outpaced growth since 2014.