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 ...
IF PRESIDENT DONALD TRUMP is true to his word, reciprocal tariffs on the world will come as soon as next week. This follows tariffs on America’s allies in Mexico, Canada and the EU, as well as China, ...
For almost 80 years, the multilateral rule-book has been the basis for international trade relations. Under the General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade ...
The trade world experienced unprecedented upheaval in 2025, but Asia still sees the rules-based trading system as the strongest foundation for its future. Trade is “in the blood” in Asia, and these ...
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 ...
It’s a real trade war now. Beijing responded to Donald Trump’s “Liberation Day” tariffs on Friday, slapping its own 34% tariffs on all U.S. imports, matching the new so-called reciprocal tax rate ...