IMF Chief Warns of Global Economic Risks from Trump’s New Tariffs
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), has expressed concerns over the potential global impact of new tariffs announced by U.S. President Donald Trump, Anadolu Agency reported. In a statement on Thursday, she warned that these tariffs could exacerbate uncertainty and threaten the already fragile global economy.
Trump’s tariffs, announced on April 3, range from 10% to 50% on imports from several countries: 20% on the EU, 34% on China, 46% on Vietnam, 32% on Taiwan, 24% on Japan, 26% on India, 25% on South Korea, 36% on Thailand, 31% on Switzerland, 32% on Indonesia, 24% on Malaysia, 49% on Cambodia, 30% on South Africa, 30% on Bangladesh, and 17% on Israel. This marks a sharp escalation in U.S. trade policy, raising concerns about disruptions to international trade flows and increased global economic pressure.
The IMF’s analysis of these measures will be shared in the World Economic Outlook, set to be published during the IMF/World Bank Spring Meetings later this month. With global growth already slowing across major economies, Georgieva’s warnings underscore the urgency of addressing rising trade tensions.
