Tariff hikes 'hurt the vulnerable and the poor': UN

Tariff hikes 'hurt the vulnerable and the poor': UN

GENEVA: Increased global trade tariffs will hurt the most vulnerable and poor people, the UN’s trade and development agency said Friday, after US President Donald Trump’s measures sparked global alarm. © New Straits Times Press (M) Bhd

An apparent windfall for motorists stopping for a gas station today: the US trade tariffs are making themselves felt in lower prices at the pump. A further drop is not unthinkable, but whether consumers should be happy about that is very questionable.

Trade war, but make it stupid

The United States’ crudely calculated tariffs were not reciprocal and risk fracturing global trade as China and Europe vow to retaliate and protect their own markets

Tariffs: Ngozi Okonjo-Iweala Warns Trump of 'Cycle of Retaliation'

GENEVA, Switzerland – Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), has expressed deep concern over the recent tariffs imposed by the United States, calling them a potential threat to global trade and economic growth. On April 2, 2025, President Donald Trump announced a sweeping set of global tariffs, including a 14 percent tariff on imports from Nigeria. Okonjo-Iweala, in a statement released on Thursday, Apri…

Trump's Tariffs Will Affect Global Trade—Okonjo-Iweala

By Adedapo Adesanya The Director-General of the World Trade Organisation (WTO), Mrs Ngozi Okonjo-Iweala, has said the recent tariffs announced by the United States would have substantial implications for global trade and economic growth prospects. Mrs Okonjo-Iweala said this in a statement in reaction to recent tariffs imposed on goods from other countries by US […]

Trump's tariffs threaten global trade, signal price hikes, export challenges, especially for fashion sector | Trade Data News USA

Experts around the world emphasise on the turbulence that awaits global trade as a repercussion of the United States tariffs. Global businesses are bracing for significant economic challenges following US President Donald Trump’s implementation of broad tariffs, which have escalated trade tensions worldwide. The newly imposed tariffs, ranging from 10 per cent to nearly 50 […] The post Trump’s tariffs threaten global trade, signal price hikes, ex…