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Global Trade Slumps Again Amid U.S-China Tariff Battle

Global trade languished for an eighth straight month in June.

Global Trade Slumps Again Amid U.S-China Tariff Battle
Gantry cranes stand in the port facility in Qinhuangdao, China. (Photographer: Qilai Shen/Bloomberg)

(Bloomberg) --

Global Trade Slumps Again Amid U.S-China Tariff Battle

Global trade languished for an eighth straight month in June, new figures show, as a tariff battle between the U.S. and China disrupts global commerce. Figures published Friday showed the volume of shipments declined in the three months through June, compared with the previous three-month stretch.

To contact the reporter on this story: Fergal O'Brien in Zurich at fobrien@bloomberg.net

To contact the editors responsible for this story: Brendan Murray at brmurray@bloomberg.net, Zoe Schneeweiss

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