US EditionWTO, Other Organizations Update ‘Tariff Profiles,’ Extol the Benefits of MFN Trade
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2 Articles
WTO, other organizations update ‘tariff profiles,’ extol the benefits of MFN trade
The World Trade Organization and two other international organizations have updated “tariff profiles” for more than 170 countries and taken the opportunity to outline the benefits of the most-favored nation principle for a stable trading environment. The 2025 edition of World Tariff Profiles, published on Monday, is a joint effort by the WTO, the International Trade Centre and United Nations Trade and Development. The profiles provide “comprehen…
Despite recent trade tensions, framed in a US-driven tariff context, about 74 per cent of world trade operated under the most-favoured-nation principle until May 2025, the World Trade Organization (WTO) revealed. According to the latest edition of Tariff Profiles in the world, a joint publication with the International Trade Centre (ITC) and the United Nations Conference on Trade and Development (UNCTAD), the WTO detailed that the most-favoured-…
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