5 Articles
5 Articles
IMF warns of ‘major negative shock’ from Trump’s tariffs
Lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%Business live – latest updatesDonald Trump’s tariffs have unleashed a “major negative shock” into the world economy, the International Monetary Fund has said, as it cut its forecasts for US, UK and global growth.In a stark assessment of the impact of the US president’s policies, as global finance ministers prepare to meet in Washington, the I…
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