Impact of Tariff Policies on Global Trade
Release time：2025-03-21
Tariffs, as a crucial trade policy tool, are profoundly influencing the global trade landscape. UNCTAD data shows that developing countries face higher tariff barriers, particularly for agricultural products and textiles, with average tariffs close to 20% and 6%, respectively, limiting their market competitiveness.
Tariffs, as a crucial trade policy tool, are profoundly influencing the global trade landscape. UNCTAD data shows that developing countries face higher tariff barriers, particularly for agricultural products and textiles, with average tariffs close to 20% and 6%, respectively, limiting their market competitiveness. Additionally, the recent imposition of tariffs by the Trump administration on China, Canada, and Mexico has further exacerbated trade tensions. For example, the U.S. imposed a 10% tariff on Chinese goods and eliminated tariff exemptions for small-value shipments, significantly impacting cross-border e-commerce platforms like SHEIN and Temu.
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