According to online reports, the United Nations Conference on Trade and Development issued a statement on April 4 local time stating that global economic growth may decline further as major economies impose new tariffs. In a low-growth, high-debt global economy, tariff increases could weaken investment and trade flows and add uncertainty to an already fragile environment. This can undermine confidence, slow investment and threaten development results, especially in the most vulnerable economies. For businesses and policymakers, the unpredictability and uncertainty of trade and investment are becoming serious obstacles to growth and planning. Many low-income economies are currently facing a deteriorating external environment, unsustainable debt levels and slowing domestic growth.