IMF chief: Trump's new tariffs carry global risks

IMF chief: Trump's new tariffs carry global risks

Ukrinform
The International Monetary Fund believes the new tariffs announced by Donald Trump on U.S. trading partners pose a significant risk to the global economic outlook.

That’s according to a statement by IMF Managing Director Kristalina Georgieva, Ukrinform reports.

"We are still assessing the macroeconomic implications of the announced tariff measures, but they clearly represent a significant risk to the global outlook at a time of sluggish growth," she said.

The IMF chief stressed that it is now important to avoid steps that could further harm the global economy.

Read also: Trump's tariffs may help Ukrainian corn producers – experts

"We appeal to the United States and its trading partners to work constructively to resolve trade tensions and reduce uncertainty," Georgieva said.

She added that the impact of the new tariffs on the global economy will be assessed in more detail in the upcoming World Economic Outlook, which is being prepared for publication later this month during the spring meetings of the IMF and the World Bank.

Read also: Government explains new U.S. tariffs for Ukraine as ‘not critical’

As Ukrinform reported earlier, on April 2, Donald Trump announced sweeping tariffs on trading partners of the United States, which he called America's "Liberation Day".

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

Online media entity; Media identifier - R40-01421.

© 2015-2025 Ukrinform. All rights reserved.

Extended searchHide extended search
By period:
-