International trade

Recently, the news on international trade has focused on the challenges facing global trade and the trade 

performance of some countries.

First of all, global trade growth is under pressure due to geopolitical tensions and weak demand. Nevertheless, some 

areas of global trade, such as shipping and e-commerce, continue to grow, while the U.S. trade deficit in July expanded to $78.8

 billion, an increase of 7.9% over the previous month. The expansion of this deficit is mainly due to the increase in imports, 

especially in the field of capital goods and industrial supplies, and the growth rate of exports is relatively slow. In addition, 

the United Nations Conference on Trade and Development pointed out that since its establishment in 1964, the share of 

developing countries in global trade has risen from 22% to 44%, but the poorest countries The trade share is still less 

than 1%. Global trade inequality is still prominent.