UNCTAD – Sparing the Vulnerable: The Cost of New Tariff Burdens

The participation of vulnerable economies in the global economy remains low despite special and differential treatment.

New tariff tensions could threaten the small gains these countries have made. Vulnerable economies account for only a small share of US imports and contribute insignificantly to the US trade deficit. These economies may face high new US tariffs, leading to a reduction in vital export flows and creating significant risks for their development.