Television of Saturday, 5 April 2025
Source: www.ghanawebbers.com
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has issued a warning. She stated that US tariffs announced by President Donald Trump could harm the global economy. This comes at a time when growth is already slow.
In her statement, Georgieva mentioned that the IMF is evaluating these tariff measures. She emphasized that they pose a significant risk to the global outlook.
Georgieva urged for caution, saying it’s important to avoid actions that could worsen the world economy. She called on the United States and its trading partners to work together. Resolving trade tensions can help reduce uncertainty.
The IMF plans to share their assessment in the World Economic Outlook report. This report will be released during the IMF/World Bank Spring Meetings later this month.
On April 2, 2025, President Trump announced broad tariffs on nearly all US trading partners. The goal is to promote US manufacturing.