Global trade fell 14.8% in the second quarter of 2020, according to Tradeshift, but evidence of an upward curve in June suggests the impact of the COVID-19 pandemic could bottom out at the lower end of the 13% to 32% decline predicted by the World Trade Organization.
Tradeshift’s Global Index of Trade Health, released Wednesday, used analysis of business-to-business transaction data to present a week-by-week picture of trade activity across global supply chains. Tradeshift said more than 1.5...
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