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UN Trade & Development – Escalating Tariffs: The Impact on Small and Vulnerable Economies

Summary

The main topic of the report concerns the introduction of trade measures by the United States that have altered the current landscape of global trade.

The report presents a timeline of the U.S. administration's trade policy decisions and analyzes the impact of "reciprocal tariffs" on small and vulnerable economies, as well as on the least developed countries. The main conclusion is that these tariffs disproportionately affect the mentioned economies, without significantly reducing the U.S. trade deficit or substantially increasing revenue from additional tariffs.

Region: Global 
Published: April 2025 
Author(s): UN Trade & Development 
Language: English 
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