IMF Warns Tariffs Aren't the Answer to Global Imbalances

El Pais

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The gap between the trade imbalances of the big economies widened in 2024, which is a shift from the contraction observed since the global financial crisis. This is revealed by the International Monetary Fund (IMF) in its External Sector Report 2025 (ESR) published on Tuesday. The Washington-based institution prescribes “a concerted adjustment” of domestic macroeconomic policies. But, in a message to US President Donald Trump, warns that an incr…

20minutos

Center

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The International Monetary Fund (IMF) has urged Spain, in the last edition of the 'Foreign Sector Report' published this Tuesday, that in the face of the current tariff crisis, accelerate "internal structural reforms" to diversify both the products to be exported and the destination of their exports. Specifically, from the IMF, they call for "greater efforts" to consolidate market unity, invest in innovation, "improve" the performance of the edu…