Unctad says many countries targeted with high tariff rates are unlikely to be a threat to US
Business live – latest updates
The UN’s trade and development arm, Unctad, is calling on Donald Trump to exempt the world’s poorest and smallest countries from “reciprocal” tariffs, or risk “serious economic harm”.
In a report published on Monday, Unctad identifies 28 nations the US president singled out for a higher tariff rate than the 10% baseline – despite each accounting for less than 0.1% of the US trade deficit.
More Stories
Police reiterate suspicion Adass Israel Synagogue arson was ‘politically motivated’ as new footage released
Tim Wilson urges scrutineers to ‘knock out informal votes’ for Zoe Daniel in leaked WhatsApp messages
Larissa Waters elected new federal Greens leader