The article discusses how customs duties imposed by various countries can hinder international trade. It highlights the rising trend of protectionist measures where countries are increasingly relying on tariffs to shield their domestic markets from foreign competition. This shift in trade policy can have far-reaching implications, affecting global supply chains and increasing costs for consumers.

Additionally, the report points out that businesses involved in import and export are feeling the strain as customs regulations become more complex and costly. Small and medium enterprises, in particular, struggle to navigate these challenges, which could stifle innovation and market growth. The article emphasizes the need for countries to consider the long-term effects of these tariffs on their economies and the global trading environment.

Furthermore, experts suggest that international cooperation is crucial in addressing these trade challenges. Efforts to streamline trade processes and reduce tariffs could benefit not only the involved countries but also promote a more stable and interconnected world economy. The implications of continued tariff increases could lead to a significant downturn in trade volumes globally, which all nations should be wary of.