Global goods trade is withstanding the drags of tariffs, wars and geopolitical rifts, fueled by the boom in demand for artificial intelligence gear and staying resilient as the US and China rewire their economic dependencies, a new report showed.
Growth in merchandise trade this year is forecast at 4.6%, stronger than the 3.6% gain predicted in January, according to the DHL Globalization Tracker, which is co-produced by the Bonn, Germany-based parcel delivery giant DHL Group and New York University’s Stern School of Business. The outlook for next year was upgraded, too, to 3.6% from a January projection of 2.7%.
