Nobody wins in a trade war: UN Chief
April 06, 2025 00:00:00
UNITED NATIONS, Apr 5 (UNB): UN Secretary-General Antonio Guterres has warned that "nobody wins in a trade war," according to his spokesperson on Friday.
The statement comes after U.S. President Donald Trump signed an executive order on Wednesday introducing "reciprocal tariffs." The move includes a 10-percent "minimum baseline tariff" and potentially higher duties on selected trade partners, drawing widespread criticism.
