tariffs Archives - Career Meaning

Spare developing countries from new US tariffs: UN trade chief

·April 13, 2025·5 min read

Ms. Grynspan was speaking in the wake of growing UN concern at the effect on-going uncertainty could have on the most vulnerable developing economies. On Tuesday, the UN Secretary-General, António Guterres, stated that “trade wars are extremely negative,” and warned that the impact of tariffs could be “devastating.” Tariffs are a...

US tariffs move could see three per cent fall in global trade, says top UN economist

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·April 12, 2025·2 min read

“There will be shifting, I think, in supply chains, there will be a reassessment of global alliances. There will be geopolitical shifts and economic as well,” said Pamela Coke-Hamilton, head of the International Trade Centre (ITC). Speaking in Geneva after Wednesday’s announcement by the White House of a 90-day pause...

Tariffs: Job protectors or trade killers?

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·March 28, 2025·6 min read

Every month, the UN trade and development agency (UNCTAD) provides an update on what’s happening in the world of global trade. In March, the focus was on tariffs, and the report revealed that, whilst global trade reached a record $33 trillion last year, the outlook for 2025 remains uncertain, with...

Global trade to hit record $33 trillion in 2024, but uncertainties over tariffs loom

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·December 6, 2024·3 min read

However, concerns loom for 2025, where the risks include escalating trade wars, geopolitical tensions and shifting policies, clouding the outlook. According to the UN trade and development body (UNCTAD)’s Global Trade Update, the projected figure for this year marks a $1 trillion increase over 2023, driven by robust 3.3 per...