The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, has described the tariffs announced by President Donald Trump of the United States of America as posing significant risks to global economic outlook.
Georgieva stated this in a statement following the announcement of U.S. tariffs.
Georgieva said: “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.
“It is important to avoid steps that could further harm the world economy.
“We appeal to the United States and its trading partners to work constructively to resolve trade tensions and reduce uncertainty.”
She added: “We will share the results of our assessment in the World Economic Outlook, which will be published at the time of the IMF/World Bank Spring Meetings later this month”.
