International Trade and the Global Pandemic: Impacts of COVID-19 on Washington’s Trade Economy

The WTO Predicts Global Goods Trade Will Decrease by Up to 32% Due to COVID-19.

In our newest research, we examine the economic slowdown on Washington state’s top trade partners and its implications for the state’s economy.

COVID-19 is hitting Washington’s supply chain, cargo flow through local ports, and suppressing demand on foodservice and agricultural products. The report offers specific policy recommendations to help mitigate the negative impacts of the virus on the Washington State trade-reliant economy.

Read WCIT’s new original research, International Trade and the Global Pandemic: Impacts of COVID-19 on Washington’s Trade Economy, which provides valuable insights into COVID-19’s impacts.

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