Reported 2 days ago
The International Monetary Fund (IMF) cautioned that the ongoing trade war and President Trump's tariffs could significantly dampen global growth and increase inflation. In remarks made by IMF Managing Director Kristalina Georgieva, she indicated that prolonged uncertainty could lead to financial market stresses, and warned that both importers and consumers may bear the costs of higher tariffs. The IMF is set to release its World Economic Outlook, which will detail the expected impacts of these trade policies.
Source: YAHOO