Learn English: Trump's Tariffs Harm the World's Poorest Nations (hard)

1 day, 15 hours ago

Trump's Tariffs Harm the World's Poorest Nations

The UN urges President Trump to exempt impoverished nations from his new reciprocal tariffs, to prevent devastating economic consequences.

Many small countries, like Laos and Madagascar, face extremely high tariffs despite contributing minimally to the US trade deficit.

These tariffs threaten crucial agricultural exports, leading to higher consumer prices in the US and economic hardship abroad.

The UN's report highlights the potential for severe economic harm, urging a reconsideration of these damaging trade policies.

Learn English with En30s

Our simplified news summaries make learning English easy and efficient. Whether you're a beginner or an advanced learner, we have the right level for you. Choose from our easy, normal, or hard summaries and improve your English skills today!

Other difficulties

Source

Original: The Guardian

Tags

#Tariffs #Trade Wars #Donald Trump #Developing Countries #International Trade

Other News

Download En30s from Google Play