UN-backed labour standards at risk as tariff uncertainty grows

UN-backed labour standards at risk as tariff uncertainty grows

Threatened or actual tariff increases are largely focused on taxing imports into the United States and will make the products made by factories outside the country more expensive – a situation which may drive down demand. The ILO’s Better Work programme, a partnership with the International Finance Corporation (IFC), has supported garment factories, many of […]

US tariff delay deepens trade uncertainty, warns top UN economist

US tariff delay deepens trade uncertainty, warns top UN economist

While the initial 90-day pause on so-called “reciprocal” tariffs offered some relief compared to planned increases of up to 50 per cent, the US imposed a 10 per cent baseline tariff instead, added on top of existing duties. This means many countries – especially developing economies – faced higher costs exporting goods to the US. […]