Audio By Carbonatix
The Managing Director of the International Monetary Fund, Kristalina Georgieva, has warned that the US tariffs announced by President Donald Trump pose a significant risk to the global outlook at a time of sluggish growth.
In a statement, the IMF boss said her outfit is still assessing the macroeconomic implications of the announced tariff measures by the US President.
“We are still assessing the macroeconomic implications of the announced tariff measures, but they clearly represent a significant risk to the global outlook at a time of sluggish growth”.
“It is important to avoid steps that could further harm the world economy. We appeal to the United States and its trading partners to work constructively to resolve trade tensions and reduce uncertainty”, she added.
“We will share the results of our assessment in the World Economic Outlook, which will be published at the time of the IMF/World Bank Spring Meetings later this month”, she added.
On April 2, 2025, US President Donald Trump announced sweeping tariffs on nearly all US trading partners to promote US manufacturing.
Latest Stories
-
NPA pushes back on proposals to scrap Fuel Price Floor Policy
25 minutes -
Stanbic Bank, Asere-Amartse chiefs deliver sustainable water solution to St. Mary’s Anglican Primary School
38 minutes -
Ghana’s macroeconomic gains has renewed investor confidence – Stanbic Bank’s Sydney Tetteh
50 minutes -
Policy stability, currency strength and regulatory reforms key to attracting investors – Stanbic Bank
1 hour -
Stanbic Bank Ghana begins 2026 with thanksgiving service; reaffirms support for Ghana’s economic recovery
1 hour -
Nigerian imam honoured for saving Christian lives dies aged 90
1 hour -
What a seventh term for 81-year-old leader means for Uganda
2 hours -
AFCON: ‘Shameful’ and ‘terrible look’ – the chaos that marred Senegal’s triumph
2 hours -
Rashford scores but Barca lose to 10-man Sociedad
2 hours -
Diaz will ‘have nightmares’ over ‘Panenka’ failure
2 hours -
Tragic death of Chimamanda Adichie’s young son pushes Nigeria to act on health sector failings
2 hours -
‘I want to show the world what Africa is’: YouTube star brings joy and tears on tour
3 hours -
‘An ambassador for African football’ – Mane is Senegal’s Afcon hero
3 hours -
‘Europe won’t be blackmailed,’ Danish PM says in wake of Trump Greenland threats
5 hours -
Three admit £70m tree planting pension fraud in UK
5 hours
