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IMF director highlights cost of tariff uncertainty in speech

  • The International Monetary Fund projects that rising U.S. Tariffs will weaken the global economy and increase inflation this year, although it will not cause a global recession.
  • IMF Managing Director Kristalina Georgieva stated that the Trump administration's tariff increases have led to heightened global uncertainty.
  • Global inflation is forecasted to decrease from 5.7% in 2024 to 4.2% this year, according to the IMF.
  • The IMF noted that Trump's trade war escalation, particularly with China, is expected to alter previous growth and inflation forecasts significantly.
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Watauga DemocratWatauga Democrat
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IMF director highlights cost of tariff uncertainty in speech

(The Center Square) – International Monetary Fund Managing Director Kristalina Georgieva said tariffs will lead to higher costs and slower growth as the nation's three largest economies – the U.S., China and E.U. – dominate global trade.

·Calhoun, United States
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US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says

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.

·United States
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El Economista broke the news in on Thursday, April 17, 2025.
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