Currently, the global number of migrants and refugees stands at 304 million. The IMF report notes that nearly 40% of migrants and 75% of refugees reside in emerging markets and developing economies. Alarmingly, almost 9,000 people have died globally in 2024. Ugochi Daniels, Deputy Director General of the International Organisation for Migration (IOM), stressed that these tragic deaths are preventable.

President Donald Trump stated that the new tariffs, effective from April 2, aim to reduce the 1.2 trillion USD global trade deficit. The tariffs will match those imposed on US exporters by foreign markets. However, many nations have expressed deep concern, warning of the potential for negative consequences for the global economy. The Republic of Korea Institute for International Economic Policy predicts that increasing trade protectionism could fuel higher inflation and currency volatility.