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U.N. secretary-general warns trade wars harm poorest countries, urges de-escalation
Summary
Asked about widespread tariffs, the United Nations secretary-general said trade wars are "extremely negative," that "nobody wins" and expressed particular concern for developing countries and the poorest people.
A reporter asked the United Nations secretary-general about recent widespread tariffs and whether they could trigger a global recession. The secretary-general said trade wars are "extremely negative" and added: "Nobody wins with the trade war. Everybody tends to lose. And I'm particularly worried with the the most vulnerable developing countries in which the impact will be more devastating."
He said he sincerely hoped a global recession would be avoided because "a recession will have dramatic consequences, especially for the poorest people in the world." The comments followed a question that referenced tariff actions by President Trump and broader international concern about escalating trade restrictions.
The exchange was brief and focused on economic risk to vulnerable countries; the secretary-general did not outline specific policy recommendations in the transcript.
