John Whelan: Coronavirus is an ill wind that blows no good for global economy

It is too early to gauge the full economic and trade effects of the coronavirus outbreak, however, a number of global agencies have come out with their estimates of the likely damage to international trade and various economies across the globe.

The United Nations trade agency estimated that a shortage of industrial parts from China caused by the outbreak has set off a “ripple effect” significantly affecting other countries around the world.