Sept. 27 (UPI) -- The trade dispute between the United States and China could have far-reaching effects worldwide, a new analysis by the World Trade Organization said Thursday.
The WTO said in its report the escalating conflict will slow global trade. In fact, the economic group lowered its forecast for the rest of 2018, saying it now expects trade volume to grow by 3.9 percent -- down from the 4.4 percent growth it previously predicted.