IMF Warns US Tariffs Threaten Global Economic Growth

The USA's new worldwide tariff regime poses an obvious "significant risk" to the global economy's prospects, according to the International Monetary Fund's (IMF) chief Kristalina Georgieva.

» Published: April 04 2025

IMF Warns US Tariffs Threaten Global Economic Growth
Photo: Jose Luis Magana/AP/TT

Already before the US President Donald Trump announced his sweeping import tariffs on Wednesday evening, the world economy was facing challenges in a "time of slow growth", she emphasizes.

"It is important to avoid measures that can further harm the world economy", says Georgieva and continues:

"We urge the USA and its trading partners to work constructively to resolve trade tensions and reduce uncertainty."

In January, the IMF expected the world economy to grow by 3.3 percent this year. The average global growth rate for the first two decades of the 2000s has been 3.7 percent.

The IMF will present a new outlook forecast later in April ahead of the spring meeting to be held at the end of the month.

Loading related articles...

Tags

TTT
By TTTranslated and adapted by Sweden Herald
Loading related posts...