Reported 2 days ago
The International Monetary Fund (IMF) has cautioned that retaliatory tariffs in Asia could hamper economic growth, increase costs, and disrupt supply chains. This warning comes in light of potential U.S. tariffs on Chinese imports and rising tensions in trade relations, with IMF forecasts for global growth being weaker than those for Asia. The IMF emphasizes the risks posed by trade conflicts and uncertainty in monetary policy, which could affect financial stability in the region.
Source: YAHOO