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Former UN official warns U.S. tariffs could harm trade, raise prices, and fragment the global economy.
Former UN official Fabrizio Hochschild warns that proposed US tariffs on imports could harm global trade, disrupt supply chains, and increase prices for American consumers.
He argues that such tariffs reduce competition and hamper economic growth.
Hochschild also expresses concern about a fragmented global economy, which could slow global growth and distract from crucial issues like climate change and global health.
He advocates for resolving trade disputes through multilateral mechanisms like the WTO to prevent escalating trade conflicts.
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El ex funcionario de la ONU advierte que los aranceles estadounidenses podrían dañar el comercio, elevar los precios y fragmentar la economía mundial.