‘Nothing to Sing About’ as Taiwan Delivers Global-Trade Warning

Taiwan’s December export orders plunged the most in almost three years in the latest warning sign for global trade.

Export orders fell 10.5 percent in December versus the same period a year ago, according to Taiwan’s Ministry of Economic Affairs, the biggest decline since April 2016. The U.S. was a rare bright spot, with orders gaining 5.6 percent, while orders from Europe were the worst hit, falling 28.1 percent.