Published February 03,2025
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The UN on Monday expressed concern over the attainable impression that tariffs launched by US President Donald Trump on Canada, China, and Mexico would have on world commerce.
Asked about UN’s place on present commerce actions, UN spokesman Stephane Dujarric stated throughout a news convention that, “We’re obviously concerned about the impact growing trade restriction measures can have on the global economy, particularly in developing countries and in places where they’re vulnerable population.”
Saying that “the global economy is already on in a low growth context while trade restrictions we see are on the rise,” Dujarric emphasised that “most global trade continues to follow internationally agreed to rules by the World Trade Organization, which provides stability and certainty for the global economy.”
Fulfilling an election marketing campaign promise, Trump signed an govt order on Saturday to impose a 25% tariff on imports from Canada and Mexico and a ten% tariff on imports from China.
Canada, in a swift response, introduced a 25% levy on US imports.
Meanwhile, Mexican President Claudia Sheinbaum introduced Monday that the 25% tariffs imposed by Trump on Feb. 1 might be placed on maintain for a month.
Source: www.anews.com.tr