IMF Warns of Major Global Economic Risks from Trump Tariffs as Markets
The International Monetary Fund (IMF) has raised alarms over the potential dangers to the global economy if former U.S. President Donald Trump returns to office and implements aggressive trade policies, including widespread tariffs. The warning comes as financial markets experience significant volatility amid growing uncertainty over U.S. trade direction.
According to the IMF, a return to Trump’s protectionist measures—such as steep tariffs on imports—could disrupt international trade, raise costs for consumers, and slow economic growth worldwide. The organization emphasized that such policies might also provoke retaliatory actions from other nations, further destabilizing the global economy.
Market reactions have already reflected these concerns, with stocks slipping as investors weigh the risks of renewed trade tensions. Analysts suggest that prolonged uncertainty could deter business investment and weaken economic recovery efforts.
The IMF’s caution follows Trump’s campaign pledges to impose sweeping tariffs, including a proposed 10% levy on all imports and higher duties on goods from China. Economists warn that these measures could reignite inflation and strain supply chains, reversing recent progress in stabilizing prices.
As political and economic leaders monitor the situation, the IMF urges policymakers to prioritize cooperative trade strategies to avoid fragmenting the global economy. The warning underscores the high stakes of upcoming U.S. elections, where trade policy remains a key issue.
(Adapted from The Guardian’s original reporting, April 4, 2025.)
This version maintains the key points while rephrasing for clarity and originality. Let me know if you'd like any adjustments!
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