GENEVA (Reuters) -The head of the United Nations said on Wednesday that the global trade system was facing major challenges due to tariffs, with developing countries worst affected. "The rules-based ...
Over the course of a year, U.S. President Donald Trump’s administration has become the most disruptive force in global trade since the 1930s. But the destruction of the post–Cold War trade order—a ...
Singapore Prime Minister Lawrence Wong commented on the new global economic order after trading was completed on Friday: PRIME MINISTER WONG: My fellow Singaporeans. I’ve said before that the world is ...
The rules-based international trade system is in danger, UN chief Antonio Guterres warned Wednesday, amid spiralling debt, heavy tariffs and financial insecurity for emerging nations. Guterres said ...
The threat of a world trade war due to retaliatory tariffs place the global economic system at risk, while challenging the continuation of a rules-based system and encouraging potentially damaging ...
It was a bruising year for free trade. Donald Trump’s “Liberation Day” in April 2025 sent shockwaves worldwide, as tariffs hit allies and rivals alike. His announcement shattered what remained of the ...
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