Tariffs tend to hit the poor harder, WTO says
Brussels, Belgium Reuters Import tariffs tend to disproportionately hit low-income households, the World Trade Organization said in a report on Monday, countering what it sees as backlash against open markets and rising protectionism. WTO Director-General Ngozi Okonjo-Iweala said the 2024 World Trade Report reaffirmed trade’s role in reducing poverty and sharing prosperity “contrary to the […]