The Director -General of the International Monetary Fund (IMF), Kristalina Georgieva, warned on Thursday that the new customs duties announced by US President Donald Trump announced “imported products”. “It is important to avoid measures that could hurt the global economy even more,” Ms. Georgieva added in a press released announcement, while US trade partners are preparing to proceed with retaliation measures in the heavy costs imposed on them. “We are still in the process of evaluating the macroeconomic impacts of the tariff measures announced, but apparently they have a significant risk for the prospect of the global economy in a period of slow -growing growth,” the IMF chief said. “We urge the US and their trade partners to work in a constructive way to resolve commercial tensions and reduce uncertainties,” he added. Customs duties announced by Donald Trump, higher than […]
Source: News Beast
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
