In this article, Trade Data Monitor’s Chief Economic Analyst John W. Miller talks about how the Russian war in Ukraine will change global trade.
The supply chain crisis appears to be subsiding, according to the World Trade Organization’s (WTO) most recent World Trade Report.
After Covid-19 crippled global commerce, the World Trade Organization said March 31 that it expected the planet’s merchandise trade to increase 8% in 2021 after contracting 5.3% in 2020.
The trade consequences of Brexit already include a dramatic shrinking of commerce with the EU, an expansion of trade with other allies, and redrawing of supply chains for companies.