US Tariffs Pose Serious Threat to World Economy – IMF Urges Caution
IMF urges the US and its partners to resolve trade tensions before further damage is done.
The International Monetary Fund (IMF) has issued a stark warning about the latest U.S. tariff measures, expressing concerns that they could undermine the already fragile global economy.
IMF Managing Director Kristalina Georgieva highlighted that while the full economic impact of these tariffs is still being analyzed, they present a “significant risk” during a period of slow growth.
In a statement released on Thursday, Georgieva urged the United States and its trading partners to work together to ease trade tensions and reduce uncertainty. She stressed the importance of avoiding actions that could further harm the world economy.
The IMF’s detailed assessment of the tariffs will be featured in its upcoming World Economic Outlook, set to be released during the Spring Meetings of the IMF and World Bank later this month.
This warning adds to mounting concerns from economists and global leaders regarding the resurgence of protectionist policies and their potential to disrupt global trade, increase inflation, and hinder recovery efforts, particularly in emerging markets.
