IMF chief says US tariffs a 'significant risk' to global economy
- The world economy was impacted as President Donald Trump's new tariffs on foreign imports sparked responses from governments, investors, and industries worldwide.
- International Monetary Fund Managing Director Kristalina Georgieva called the tariffs a 'significant risk to the global outlook' during a statement.
- US Treasury Secretary Scott Bessent warned against retaliatory measures from trading partners, suggesting that such actions would lead to escalation.
- The tariffs could disrupt supply chains and raise costs, with analysts predicting reduced consumer spending and strained business profitability.
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.


US 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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