Global Impact of US Tariffs: Insights, Trade Agreements, and Sustainable Development Opportunities
Navigating the Impact of US Tariffs: Insights, Trade Agreements, and Sustainable Development Opportunities Introduction : In an interconnected global economy, policy shifts, such as the United States' recent tax reforms and tariff hikes, send ripples through trade networks, impacting nations differently. By examining the ripple effects across various export categories — food items, agricultural raw materials, fuels, manufactured goods, and ores/metals —this analysis not only delves into affected countries, beneficiaries, and existing trade agreements but also explores the alignment with Sustainable Development Goals (SDGs). Additionally, it emphasizes actionable policy recommendations, indicators, provisions, and innovative proposals for new Regional Trade Agreements (RTAs) to foster equitable trade. This comprehensive overview aims to provide policymakers, researchers, and advocates with the insights and strategies required to navigate these challenges while ...