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
-
Public Services Workers’ Union rejects selective 35% lab allowance, warns of unrest
5 minutes -
The State vs Ken Ofori-Atta & 7 others: Case adjourned again
7 minutes -
GEXIM@10: Stakeholders examine prospects and constraints in garment industry
13 minutes -
NDC, now telling its own story—Madhi Jibril
16 minutes -
Ghana and Africa show early signs of progress against air pollution, but risks remain
20 minutes -
Police deploy reinforcements to Nkwanta following renewed violence
25 minutes -
Ga Traditional Council bans noisemaking ahead of Homowo festival
31 minutes -
Minority raises conflict of interest concerns over Ibrahim Mahama’s Damang mine bid
33 minutes -
GEXIM@10: Exim Bank signs MoU with five Ghanaian firms
41 minutes -
Touch A Life Foundation marks 10 years with donation to Northern Regional Hospital
44 minutes -
Manhyia South MP urges leaders to turn UN slave trade resolution into development action
53 minutes -
Value for money bill unnecessary — Kobina Ata-Bedu urges enforcement of existing laws
1 hour -
British Council joins UNESCO Global Education Coalition and International Task Force on Teachers for Education 2030
1 hour -
10,000 low-income households in Wa to benefit from subsidised water connections on World Water Day
1 hour -
Accra Brewery PLC celebrates World Recycling and Water Day through “Cheers to Nature”
1 hour
