Washington, D.C., April 4, 2025: IMF Managing Director Kristalina Georgieva has warned that U.S. President Donald Trump’s new tariffs pose a “significant risk to the global outlook” amid slowing economic growth. She urged the U.S. and its trade partners to resolve tensions and avoid policies that could further destabilize the global economy.
The IMF is assessing the impact of these tariffs, which include a 10% levy on most U.S. imports, with higher duties on China, India, and the EU. The measures have already caused market turmoil, with major indices seeing their worst declines since the 2020 pandemic.
