IMF: US tariffs will weaken global economy

Washington, Apr 20 (EFE).- The International Monetary Fund (IMF) and the World Bank (WB) begin their spring meetings this Monday in a context marked by the tariff war promoted by US President Donald Trump, and by the impact it will have on the economy. Both IMF Managing Director Kristalina Georgieva and BM President Ajay Banga have already warned that the uncertainty and current volatility will cause a slower advance of Gross Domestic Product (G…

PIIE: Trump's tariffs will harm the US and global economy, Lawrence H. Summers says

Trump's tariffs drive prices up. An economic inferno threatens – but the US president wants to intervene in the central bank.

IMF: US tariffs will weaken global economy

Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund.

"Serbia is a small player and is not on the horizon of some big thoughts of the Trump administration. Now the dragon has caught us by its tail. It did not aim its head and fire at us, because it has bigger things to do - it turned its head to the other side, and it hooked us with its tail, so we got a beating on that customs issue," said former diplomat Nebojša Vujović for the N1 portal. And Srećko Đukić, also a former diplomat, expects that Tru…

Three weeks after US President Donald Trump actually declared a trade war with the whole world, new economic forecasts and studies will soon point to the first consequences, Bloomberg writes. [see_also ids="636751"] The International Monetary Fund is preparing to downgrade its economic growth forecasts. The updated forecast is expected to be published on Tuesday, April 22. After that, purchasing managers' indices from Japan to Europe and the US …