US EditionIMF chief says US tariffs a 'significant risk' to global economy
- The World Trade Organization projects a 1 percent shrinkage in global goods trade for 2025 due to new U.S. Tariffs introduced by the Trump administration, reversing earlier growth expectations.
- Director-General Ngozi Okonjo-Iweala warns that these tariffs could trigger a trade war and disrupt global markets.
- IMF Chief Kristalina Georgieva states that these measures pose a serious risk to global economic stability during this period of sluggish growth.
- Political expert Ian Dunt criticizes the new tariffs as a reckless plan that may lead to a grave economic downturn globally, predicting severe consequences and stating that 'no one wins here.
106 Articles
106 Articles
New US tariffs could lead to job losses, industry shutdowns
AMMAN — Tamkeen for Legal Aid and Human Rights has issued an analytical report warning of the significant economic and social repercussions stemming from the US administration’s decision to impose a 20 per cent tariff on Jordanian exports.“The timing of this decision is particularly concerning for Jordan, whose economy is already vulnerable and heavily dependent on foreign
Trump is out to destroy the global economic order, and it will cost us all
Donald Trump's tariffs are not a negotiation tactic, they are a very deliberate plan to destroy the liberal global trading and financial system the US itself established. And all of us could pay a heavy price for his attempt to reshape the world order.
Daily Post Nigeria
mediatalkafrica.comUS tariffs could harm world economy
The International Monetary Fund, IMF, has expressed concern over the new tariffs imposed by the United States, warning of potential adverse effects on the global economy. On 2nd April—declared “Liberation Day” by President Donald Trump—he directed the imposition of a minimum baseline tariff of 10 per cent, along with a range of reciprocal tariffs. In response, the IMF urged nations across the globe to reduce trade tensions and pursue amicable so…
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