(Bloomberg) --
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The escalation of U.S.-China tensions this year continued to leave a mark on international trade during the third quarter. While volumes in the CPB World Trade Monitor increased in August, when both countries announced new tariffs, three-month underlying momentum showed further weakness. There was a 0.5% decline from the previous period, and a 1.5% drop compared with a year earlier.
©2019 Bloomberg L.P.
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