Bloomberg Davos Special: All-Star Economic Panel
Bloomberg Talks
00:00
Trade Conditions in 2023 and Forecast for 2024
The speakers discuss the trade conditions in 2023 and predict a better trade performance in 2024 compared to 2023, unless a major war occurs. They mention a decline in trade and the need to revise their forecast down, but note a recovery in trade in the last quarter, led by the automotive sector. Concerns about geopolitical conflicts, climate change, and upcoming elections add uncertainties to forecasting.
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