Washington, [Date] - The International Monetary Fund (IMF) declared on Thursday that U.S. President Donald Trump's recently imposed global tariffs present a serious threat to worldwide economic prospects, citing concerns about market volatility, rising prices, and escalating trade conflicts fueled by protectionist policies.
In a formal statement, IMF Managing Director Kristalina Georgieva cautioned: "While we are still assessing the macroeconomic impacts of the announced tariff measures, they clearly pose significant downside risks to global growth projections at a time of economic slowdown."
Georgieva further emphasized: "It's critical to avoid measures that could further damage the global economy. We urge the United States and its trading partners to work constructively toward resolving trade disputes and reducing uncertainty."
The IMF confirmed it will release a comprehensive analysis of the U.S. tariffs' economic impact in its upcoming World Economic Outlook report, to be published during the joint IMF-World Bank Spring Meetings later this month.