UNCTAD Warns: Reciprocal Tariffs Threaten Vulnerable Developing Economies
Muscat: The UN Trade and Development (UNCTAD) called for exempting the poorest and most vulnerable economies from reciprocal tariffs. US President Donald Trump imposed steep import tariffs from 11% to 50% on 57 trading partners – including the European Union – on 9 April 2025 only to pause the duties