Washington | The World Trade Organisation has downgraded its forecast for global trade growth for this year and next as the repercussions of the US-China trade war and a broader economic slowdown continue to play out.

On Tuesday (Wednesday AEST), the WTO said world merchandise trade volume is now expected to rise 1.2 per cent in 2019 - markedly slower than the 2.6 per cent forecast in April. For 2020, the forecast calls for 2.7 per cent growth instead of 3 per cent.

Washington Post