‘Please, don’t’: IMF warns nations against Trump-style tariffs
Government
Trade wars boost inflation and disrupt economic ties, the global lender said International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that tariffs championed by US President Donald Trump could increase inflation globally. Speaking at a press briefing on Thursday, Georgieva lamented that “the largest economy in the world has chosen to use tariffs as an instrument in relations with partners.” The IMF chief urged nations to continue adhering to “trade on the most favored
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