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Invisible barriers are reshaping global trade
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Invisible barriers are reshaping global trade
Non-tariff measures drive trade costs for most countries, exceeding tariffs in 88 percent of cases Developing countries face rising tariffs and higher compliance costs at the same time Better transparency alone could reduce trade costs linked to these measures by nearly 20 percent GENEVA, Switzerland – The real cost of trade is shifting: The May edition of the Global Trade Update shows that while tariffs rose sharply in 2025, they have not been …
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