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Reciprocal tariff: IMF appeals US to work constructively to resolve trade tensions
The International Monetary Fund (IMF) has appealed to the United States and its trading partners to work constructively to resolve trade tensions and reduce uncertainty due to the reciprocal tariff imposed by the US.
IMF Managing Director Kristalina Georgieva said in a statement that the IMF is 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.
“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 said.
“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," she added.
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