IMF chief warns on U.S. tariffs, calls for trade resolution

IMF Managing Director Kristalina Georgieva has raised concerns over new U.S. tariffs, warning of potential risks to the global economy.

She emphasized that the IMF is assessing the macroeconomic impact of these measures, which come amid sluggish global growth.

“The announced tariff measures pose a significant risk to the global outlook,” Georgieva stated, urging the U.S. and its trading partners to work toward resolving trade tensions.

The IMF will release its full assessment in the upcoming World Economic Outlook during the IMF/World Bank Spring Meetings later this month.

U.S. President Donald Trump recently announced sweeping tariffs, including a 10% universal tariff on all imported goods starting April 5, and “reciprocal tariffs” ranging from 20% to over 40% on dozens of countries, effective April 9.

Speaking at the White House on April 2, Trump defended the tariffs as a necessary move to counter what he described as unfair trade advantages held by other nations. He stated that the policy aims to ensure the U.S. economy benefits more from international trade agreements.

  • All
  • Australia News
  • Business News
  • Entertainment News
  • International News
  • Sports News
  • Sri Lanka News
    •   Back
    • India News
Load More

End of Content.

latest NEWS

  • All
  • Australia News
  • Business News
  • Entertainment News
  • International News
  • Sports News
  • Sri Lanka News
    •   Back
    • India News