The International Monetary Fund, a global financial body, said the long term impact of Trump’s tariffs would be negative for the global economy. Pierre-Olivier Gourinchas, the IMF’s chief economist also said the organisation revised down growth for the UK partly due to the impact of the tariffs but also domestic factors in the UK economy
-
IMF warns Trump tariffs are putting global financial system under strain
-
IMF warns of ‘major negative shock’ from Trump’s tariffs
Continue reading…