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U.S. tariff policies since January 2025 are harming global investment, especially for small businesses and poor nations, UNCTAD warns.
Ongoing tariff uncertainty, driven by U.S. trade policies since January, is undermining global investment, particularly for small businesses and developing economies, UNCTAD's Rebeca Grynspan warned in a October 13, 2025, interview.
She cited a second straight year of declining foreign direct investment in 2024 and highlighted disproportionate impacts on least developed nations, such as Laos facing 40% tariffs, while others like Lesotho secured lower rates.
Grynspan urged the U.S. to exempt vulnerable countries from high tariffs, noting uneven AI-driven trade growth excludes many developing nations.
The 2026 outlook depends on whether trade tensions escalate or stabilize.
Las políticas arancelarias de los Estados Unidos desde enero de 2025 están dañando la inversión global, especialmente para las pequeñas empresas y las naciones pobres, advierte la UNCTAD.