The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the US tariffs announced by President Donald Trump pose a significant risk to the global outlook at a time of sluggish growth.
In a statement, the IMF boss said her outfit is still assessing the macroeconomic implications of the announced tariff measures by the US President.
“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”, she added.
On April 2, 2025, US President Donald Trump announced sweeping tariffs on nearly all US trading partners to promote US manufacturing.
