Trade's Biggest Threat Isn't Tariffs—It's Uncertainty - SPDR Select Sector Fund - Consumer Discretionary (ARCA:XLY)

Trade's Biggest Threat Isn't Tariffs—It's Uncertainty - SPDR Select Sector Fund - Consumer Discretionary (ARCA:XLY)

The UN trade and development's (UNCTAD) latest global trade update makes it clear. Policy uncertainty, more than just tariffs, is the primary disruptor. Businesses can usually adjust to rising costs when they're straightforward, but they struggle to plan when trade rules keep changing. Per UNCTAD, the world is experiencing record levels of policy unpredictability, driven by geopolitics, competition between industries, and countries pursuing thei…

Uncertainty is the new tariff, costing global trade and hurting developing economies - Caribbean News Global

GENEVA, Switzerland – Global trade is being reshaped not just by tariffs or geopolitical tensions but also by policy unpredictability. The uncertainty is driving up costs, rattling markets and hitting developing economies hardest. Global trade has always faced shocks, from tariffs to pandemics to geopolitical rifts. What is different now is that uncertainty itself has become systemic. No longer tied to one-off events, policy unpredictability is …

Trade policy uncertainty looms over global markets –  UNCTAD - Asia Customs & Trade

Trade policy uncertainty has become a major source of global instability, according to the UN Trade & Development global trade update for Sept 2025 Sudden shifts in tariffs, subsidies or restrictions fuel volatility, the UN body added With weakened rules and fierce competition for critical raw materials, uncertainty has skyrocketed to record levels Trade policy uncertainty has become a major source of global instability, according to the UN Trad…