Initial Impact of Trump's Tariffs on the Global Economy

Reported about 23 hours ago

As the world begins to feel the effects of President Trump's tariffs declared three weeks ago, the International Monetary Fund is poised to revise its global growth forecasts downwards. The upcoming reports will provide insights into the manufacturing and services sectors impacted by the tariffs, with finance ministers assessing the initial economic fallout. While projections suggest growth will decline without leading to recession, uncertainty surrounding trade relations is likely to strain financial markets further.

Source: YAHOO

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