UN_Chief__Trade_Wars_Hurt_Global_Growth

UN Chief: Trade Wars Hurt Global Growth

In a clarion message to global leaders, UN Secretary-General Antonio Guterres reiterated that "nobody wins in a trade war." Speaking during a press conference, he addressed the decision by U.S. President Donald Trump to impose a minimum 10-percent tariff affecting nearly every country.

Guterres warned that the rising tariffs could have devastating effects on vulnerable developing nations. He stressed that a potential recession, triggered by such protectionist policies, would inflict dramatic consequences on the poorest people worldwide, urging global policymakers to reconsider these measures.

This call for international cooperation resonates with young global citizens, business and tech enthusiasts, thought leaders, sports and entertainment fans, and adventurous digital nomads. In an interconnected world, embracing open dialogue and sustainable economic practices is seen as key to fostering a resilient global economy.

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