IMF Warns U.S. Tariffs Could Threaten Global Economic Stability
IMF cautions that new tariff measures pose a significant risk to the already fragile global recovery, urging diplomatic solutions to trade tensions.
- IMF warns that newly imposed U.S. tariffs could disrupt global economic recovery
- IMF urges the U.S. and its trading partners to find constructive solutions
- The IMF will release a detailed assessment of the tariffs' global impact
The International Monetary Fund (IMF) has issued a cautionary statement regarding the newly announced U.S. tariffs, indicating that they pose a significant risk to the already fragile global economy.
In a statement released Thursday, IMF Managing Director Kristalina Georgieva highlighted that while the full macroeconomic effects of the tariffs are still under analysis, the measures, which were unveiled by the U.S. government on Wednesday, could exacerbate the global slowdown.
Georgieva emphasized the importance of avoiding actions that could further damage the world economy, urging the U.S. and its trading partners to find constructive ways to resolve ongoing trade disputes. “We appeal to the United States and its trading partners to work constructively to resolve trade tensions and reduce uncertainty,” she said.
The IMF plans to provide a more detailed analysis of the tariffs’ impact in its upcoming World Economic Outlook, set to be released during the IMF and World Bank Spring Meetings later this month.
This warning comes amidst rising concerns among economists and world leaders about the potential disruption of global supply chains, rising inflation, and slow economic recovery, particularly in emerging markets.
