As optimism wanes over the prospects of China and the U.S. soon reaching a comprehensive deal to address the many economic disputes between them, stresses in global trade links are coming into focus.
Most major advanced and emerging market economies appear to be losing momentum. Recent macroeconomic indicators from China, Germany and even the U.S. signal softening growth. The loss of growth momentum in major advanced and emerging market economies is ominous as it will directly affect import demand and associated cross-border trade flows.