IMF Chief Warns U.S. Tariffs Pose ‘Significant Risk’ to Global Economy
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has cautioned that the newly announced U.S. tariffs pose a “significant risk” to the global economy, particularly amid ongoing sluggish growth.
In a statement issued today, Georgieva emphasized the importance of constructive dialogue between the United States and its trading partners to prevent further economic strain.
“We are still assessing the macroeconomic implications of the announced tariff measures, but they clearly represent a significant risk to the global outlook at a time of sluggish growth,” she said. “It is important to avoid steps that could further harm the world economy.”
She further noted that the IMF would provide a more detailed analysis in its World Economic Outlook, set to be released during the upcoming IMF/World Bank Spring Meetings later this month.
The announcement of new tariffs by the U.S. government has raised concerns about escalating trade tensions and potential economic fallout, with experts warning that such measures could disrupt global supply chains and slow down international trade recovery.
