US Tariffs? ‘Discouraging’. ‘All trade wars are ruinous’

After midnight in Washington, tariffs agreed upon with the UK, China, Vietnam, Japan, the Philippines, Indonesia, the European Union (EU), South Korea, and Pakistan went into effect, along with taxes on countries without agreements, including India, Switzerland, South Africa, and Venezuela. UN Secretary-General António Guterres stated today that the tariffs imposed by US President Donald Trump, which came into effect in dozens of countries, are ‘discouraging’. He further commented on the situation, calling all trade wars ‘ruinous’. The implementation of these tariffs has sparked concerns about their potential impact on global trade, economic growth, and international relations. The move has been met with criticism from various world leaders and organizations, urging for a peaceful resolution to trade disputes.