Pamela Cook-Gamilton, head of the International Trade Center. The leading economist of the UN – on the US tariff policy: “The perfect storm is approaching” Economic development ~ 60 > US administration decision on the next postponement of the end of the 90-day pause in the introduction of tariffs will negatively affect business, the leading economist of the UN said on Tuesday. ~ 60 > “This step actually extends the period of uncertainty, undermining long-term investments and business contracts and creating additional instability,” said Pamela Cow-Gamilton, the head of the International Commercial Center-the Joint Agency of the United Nations in Trade and Development (Junning) and the World Trade Organization (WTO), whose activities are aimed at developing trade and international Business. 60 > pause of 90 days, introduced by the United States regarding the increase in import duties, should have expired this week, but now, as announced, it will be extended until August 1. COUK-Gamilton emphasized that the least developed countries are among those to which the most aggressive methods of trade pressure will be applied. 60 > “Not all countries will feel the effects of new tariffs equally,” she said. – Those who already hardly make ends meet will suffer the most. Lesoto, Lao-Democratic Republic, Madagascar and Myanmar will encounter bets of 40 to 50 percent. ” 62 > 62 >COUK-Gamilton emphasized that economic uncertainty will have severe consequences for countries and entire sectors: “If the company does not have a clear idea of what expenses it will have to be incurred as a result of export or import of certain goods to a particular market, it will not be able to plan its activities.” ~ > one of the most striking examples-Lesoto, which is a Leso, which is a forest. It supplies almost 60 percent of its export items of clothing in the United States, will face a 50 percent tariff. The two largest exporters of textiles and clothes from this small South African country have already suspended their investments. “The future of the leading industry Lesoto is in question, and tens of thousands of jobs are threatened,” said Cow-Gamleton. help reduction for the development of ~ 60 > the head of the international shopping center pointed out to the total effect tariffs and global reduction of assistance for development, creating “double shock for developing countries.” The richest economies of the world, known as the “large seven”, which account for about three quarters of all official assistance for development purposes, intended for 28 percent expenses next year, which will be the biggest reduction in assistance from the moment of creating a “large seven” 50 years ago. ~ 60 >~ 60 > “The perfect curtain is approaching,” – warned COUK-HAMLTON.