Johannesburg, Sep 24 (PTI) Unilateral trade practices and economic coercion have a "detrimental impact" on many nations, South African President Cyril Ramaphosa has said in a carefully-tempered dig at the tariffs imposed by US President Donald Trump on various countries.

In an address at the UN General Assembly on Tuesday, Ramaphosa called trade one of the most important instruments to mobilise domestic resources for development.

"It is concerning that geopolitical shocks and unprecedented trade policy volatility are destabilising the global economy and jeopardising a critical source of development financing. We must redouble our efforts to strengthen the link between trade and development,” Ramaphosa said.

In reference to the imposition of tariffs on dozens of countries by the Trump ad

See Full Page