UN expresses concern about trade restrictions' impact on global economy

The Manila Times

UN expresses concern about trade restrictions' impact on global economy  The United Nations is 'obviously concerned about the impact that growing trade restriction measures can have on the global economy, particularly in developing countries and in places where there are vulnerable population," UN spokesman Stephane Dujarric said on Feb. 3, 2025. In relation to a pause on US foreign aid, Dujarric said 'some of this is having immediate impact on life saving activities.'  UNTV / REUTERS VIDEO  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe  Visit our website at https://www.manilatimes.net  Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion   Subscribe to our Digital Edition - https://tmt.ph/digital   Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcher  Tune In: https://tmt.ph/tunein  Soundcloud: https://tmt.ph/soundcloud   #TheManilaTimes #tmtnews #unitednations  #trade

Transcript

00:00We're obviously concerned about the impact that a growing trade restriction measures can have on the global economy

00:07Particularly in developing and developing countries and in places where they're vulnerable

00:13Population. I mean as you know, the global economy is already under in a low growth context

00:21You know while trade restrictions we see are on the rise

00:24It's important to note that most global trade continues to follow

00:28internationally agreed to rules by the World Trade Organization

00:32Which provides stability and certainty for the global economy? I

00:37Mean, we you know, we we are in touch with our various agencies on the ground

00:42Some of this is having immediate impact on

00:46life-saving

00:48Activities. I mean as you know, the u.s. Has

00:52Been extremely generous to our

00:55Humanitarian programs all over the world. I think the the figure for 2024 is that the u.s. Contributed?

01:0347% of the global humanitarian appeal

01:07Which amounts up to about 14?

01:10billion

01:1214 billion dollars

01:15There's obviously a lot of

01:17UN US participation in development

01:21issues

01:23We are trying to kind of get some more granular

01:27Examples of the impact to be able to share to share with you

01:50You

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