Risks and Uncertainties in International Trade: What is at Stake for Rubber

Global growth is projected to reach 3.9 % in 2019, in line with IMF outlook, but the expansion is becoming less even, and risks to the outlook are mounting. Global trade could be at a risk as policy focus of mature economies are shifting towards protectionism from free market world. Geo-political risks and escalating trade conflict between the U.S and China fuels trade uncertainty and economic outlook, thereby threatening the world trade with short and medium term impact on automotive growth and its supply chain.