World trade flows are set to increase at the weakest pace this year since the global financial crisis as tariffs rise and the global economy cools, the World Trade Organization said
Tuesday.
The slowdown in exports has hit factories around the world. Surveys of purchasing managers in Europe and Asia that were also released Tuesday pointing to deepening declines in manufacturing activity during September. In Germany, Russia and the Czech Republic, factories were operating at levels last seen in 2009.
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