Global trade has withstood the test of the Trump administration’s tariff hikes and is expected to continue to hold up in the next few years, albeit at a slower growth pace, according to new research.
Global trade volume would grow at an average annual rate of 2.5 per cent between this year and 2029, according to a special update of the DHL Global Connectedness Tracker published on Tuesday. The figure roughly matches the pace in the previous 10 years, but is slower than the 3.1 per cent rate…