GENEVA (Reuters) -The head of the United Nations said on Wednesday that the global trade system was facing major challenges due to tariffs, with developing countries worst affected. "The rules-based ...

Trump "has taken the hatchet to trade with practically every major U.S. trading partner, sparing few allies or rivals," says Cornell economist Eswar Prasad. It’s a real trade war now. Beijing ...

Just weeks into his second term as president, Donald J. Trump resumed his assault on the global trading system, and in doing so, upended U.S. trade policy. Calling on emergency powers used in ...

The rules-based international trade system is in danger, UN chief Antonio Guterres warned Wednesday, amid spiralling debt, heavy tariffs and financial insecurity for emerging nations. Guterres said ...

It was a bruising year for free trade. Donald Trump’s “Liberation Day” in April 2025 sent shockwaves worldwide, as tariffs hit allies and rivals alike. His announcement shattered what remained of the ...

The threat of a world trade war due to retaliatory tariffs place the global economic system at risk, while challenging the continuation of a rules-based system and encouraging potentially damaging ...

Several other member countries expressed deep concern Tuesday about the impact of President Donald Trump’s latest measures on the rules-based trading system, an official said. Chinese and American ...

India and Indonesia’s refusal to ratify the WTO’s fisheries subsidies agreement is weakening efforts to curb overfishing and ...