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

Polarizing and equalizing trends in international trade and Sustainable Development Goals

The influence of international trade on the United Nations Sustainable Development Goals is multi-faceted. International trade can either promote or hinder progress, thus directly impacting people, economies and livelihoods. Here we explore the relevance of consumption-based proxies, which capture global demand for goods and services, to assess progress towards Sustainable Development Goals. We link these proxies to environmental and social issu…

According to António Guterres, the UN is primarily concerned about the most vulnerable countries.

UN: Tariff hikes ‘hurt the vulnerable and the poor’

GENEVA, April 5 — Increased global trade tariffs will hurt the most vulnerable and poor people, the UN’s trade and development agency said yesterday, after US President Donald Trump’s measures sparked global alarm. The ensuing trade turbulence “hurts the vulnerable and the poor”, said UNCTAD Secretary-General Rebeca Grynspan in a statement. “Trade must not become another source of instability. It should serve development and global growth,” Gryn…

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

The increase in tariffs triggered by Donald Trump will hit the vulnerable and the poor the hardest.

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.