Friday, April 11, 2025

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

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Alert 11 April 2025
US tariffs move could see three per cent fall in global trade, says top UN economist
[UN News photo]

Global trade could shrink by three per cent as a result of the United States' new tariff measures which in the longer term could reshape and boost as-yet untapped regional commercial links, a top UN economist confirmed on Friday.

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