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UN Trade Body Calls for Exclusion of Vulnerable Developing Economies from U.S. Reciprocal Tariffs

16 April 2025

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United Nations-United States

UN Trade and Development (UNCTAD) has called for the exclusion of vulnerable developing economies from U.S. reciprocal tariffs, highlighting recent report findings that the tariffs would not significantly reduce U.S. trade deficits or generate substantial revenue, while potentially harming small economies. --- Reciprocal tariffs should exclude vulnerable developing economies – UN trade body Already grappling with low growth and mounting uncertainty, vulnerable and small economies, whose activities have a negligible effect on trade deficits, should be exempt from new tariff hikes. Over the years, a rules-based global trading system has boosted international commerce and contributed to a gradual, steady decline...