The WTO forecast world trade in goods would grow by 3.9 percent this year, Reuters reported.
According to it, increased trade tensions between large economies and increased uncertainty contributed to a decline
Next year trade growth of 3.7 percent is expected, a cut from the WTO's previous forecast of 4.0 percent.
"While trade growth remains strong, this downgrade reflects the heightened tensions that we are seeing between major trading partners," WTO Director-General Roberto Azevedo warned.
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