US Tariffs Pose “Significant Risk To Global Outlook”, Warns IMF

[ad_1] Trump declared a national economic emergency and announced tariffs of at least 10% across all countries. Washington: IMF chief Kristalina Georgieva on Thursday said new US tariffs “clearly represent a significant risk to the global outlook” and urged Washington to work with its trade partners. The statement was the first from the IMF chief…

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Trump Tariffs Could Cause Global Trade Drop By 1% In 2025 Warns WTO

[ad_1] US President Donald Trump’s worldwide tariff salvo could lead to an overall contraction of around 1 percent in global merchandise trade volumes this year, the WTO chief warned Thursday. After Trump on Wednesday unveiled a blitz of harsher-than-expected levies aimed at countries around the globe, Ngozi Okonjo-Iweala warned the measures would “have substantial implications…

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