New trade war deadline creates instability, says UN trade agency
It says that the move undermines long-term investment and business contracts, and creating further uncertainty
Geneva, Updated At : 02:15 PM Jul 08, 2025 IST
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The Trump administration's decision to extend a negotiating deadline for tariff rates is prolonging the period of uncertainty and instability for countries, the executive director of the United Nations trade agency said on Tuesday.
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"This move actually extends the period of uncertainty, undermining long-term investment and business contracts, and creating further uncertainty and instability," Pamela Coke-Hamilton, executive director of the International Trade Centre, told reporters in Geneva.
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