The UN Trade and Development agency (UNCTAD) has urged the US to exempt the world’s poorest and smallest nations from reciprocal tariffs, warning that they could devastate vulnerable economies while only generating minimal revenue for Washington.
US President Donald Trump's administration earlier this month announced sweeping tariffs on 57 trading partners — ranging from 11% for Cameroon to 50% for Lesotho — but ultimately paused the duties for 90 days, except in the case of China. The pause has left these states facing a 10% universal levy that applies to almost all countries.
