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Tariff shocks and graduation from the least developed country category - World Economic Situation and Prospects Monthly Briefing No. 191, July 2025
Document Summary:
This World Economic Situation and Prospects Monthly Briefing reviews the possible impacts of the current tariff shock on LDCs, with a focus on their graduation. It first examines the role of trade in LDC graduation, followed by the importance of the United States as destination for LDC exports. It then reviews the potential impacts of the announced tariffs on LDC exports, as well as broader impacts on these economies. The Monthly Briefing concludes by reviewing policy options for a way forward.
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