Here’s how to use the UNCTAD Global Trade Update March 2025.

Why is the UNCTAD Global Trade Update March 2025 important?

With drastic trade policy shifts in the United States, including adoption of high levels of tariffs across goods and trading partners, and triggering retaliatory tariffs, the global trading system is in period of considerable change. This report on the role of tariffs in international trade highlights the impact of tariffs in place before these changes, which economies impose and face the highest tariff levels, and how tariffs can have an impact on economic development. It provides important context and information at a time when tariff imposition is poised to reshape global trade flows and value chains.

What’s in the UNCTAD Global Trade Update March 2025?

The UNCTAD Global Trade Update March 2025 is divided into two distinct sections: Policy insights on the role of tariffs in international trade, and the usual Global trade update section, with each of these two sections incorporating six sub-sections.

The report includes two principal sections:

Section 1: Policy insights on the role of tariffs in international trade; and
Section 2: Global trade update