In a bold statement that resonates with young global citizens, UN Secretary-General Antonio Guterres warned that "nobody wins in a trade war." In response to U.S. President Donald Trump's decision to impose a minimum 10-percent tariff on nearly every country, Guterres expressed deep concern over the negative impacts of rising tariffs.
The UN chief highlighted that such measures could devastate vulnerable developing countries and potentially spark a recession with dramatic consequences for the world's poorest communities. This cautionary message has struck a chord with young professionals, entrepreneurs, and students who are watching global trade trends closely.
As the international community navigates these turbulent times, the call for fair and open markets remains stronger than ever. Stay tuned as we continue to follow these unfolding economic shifts.
Reference(s):
cgtn.com