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The Secretary General of UNCTAD pointed to the blocking of the inflow of investments in the world due to US duties

UNCTAD Secretary General: US duties have blocked the inflow of investments worldwide
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Photo: REUTERS/Willy Kurniawan
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Import duties imposed by the American leader Donald Trump have blocked the inflow of investments worldwide. This was announced on April 10 by Secretary General of the United Nations Conference on Trade and Development (UNCAD) Rebecca Greenspan in an interview with the UN News portal.

She clarified that the uncertainty factor plays a key role in this situation. In her opinion, as long as the world does not realize the ultimate goal of imposing duties, investments will not resume, as investors will not understand how to act.

"Investments are paralyzed because company executives decide to sit and wait, which means that investments will not resume on the scale that the world needs," Greenspan said.

On April 2, Trump announced large-scale trade measures: base tariffs of 10% are being introduced for all products supplied to the United States. For the EU, this figure has been raised to 20%, and for China — to 34%. CNBC later reported that the American leader had increased duties on goods from China to 145%.

On April 8, The New York Times reported that Trump postponed the imposition of duties on 75 countries for 90 days due to panic among Americans - the president described the situation on the markets after the introduction of tariffs as "quite gloomy."

Переведено сервисом «Яндекс Переводчик»

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