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Stock impact report

20 Countries With the Highest Tariffs [Yahoo! Finance]

COSCO SHP HLDG UNSP/ADR (CICOY) 
NASDAQ:AMEX Investor Relations: coscointl.com/en_ir_ho.asp
Company Research Source: Yahoo! Finance
World Trade Outlook The international trade industry logged consistent growth in 2020, with the global merchandise trade reaching $19.48 trillion, according to a report from the World Trade Organization (WTO). Emerging markets and developing economies have experienced significant trade growth. In 2020, the global merchandise trade in developing economies soared from 39% in 2000 to 47% in 2019. As per the WTO's October 2023 Global Trade Outlook , the world trade and output slowed abruptly in the fourth quarter of 2022 driven by tighter monetary policy of major economies including the US and European Union. There was hope following the reopening of China and falling energy prices, but things went the other way. China suffered a massive property market crisis followed by deflation. China is one of the largest economies in the world with deflation or dangerously low inflation . Whereas, the US and European Union face high inflation. World trade has suffered from the after-effects of th Show less Read more
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