Global trade system 'at risk of derailment': UN chief
- Posted on October 22, 2025
- By Business News Today
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Global trade system 'at risk of derailment': UN chief
The future of international trade is under serious threat, as pointed out by UN leader Antonio Guterres. He warns that escalating debt levels and punitive tariffs are crippling developing economies. Many are unable to finance essential services like healthcare and education due to overwhelming debt. Compounding the crisis are growing geopolitical rifts and the urgent challenges posed by climate change.