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IMF chief says US tariffs a 'significant risk' to global economy

  • The world economy was impacted as President Donald Trump's new tariffs on foreign imports sparked responses from governments, investors, and industries worldwide.
  • International Monetary Fund Managing Director Kristalina Georgieva called the tariffs a 'significant risk to the global outlook' during a statement.
  • US Treasury Secretary Scott Bessent warned against retaliatory measures from trading partners, suggesting that such actions would lead to escalation.
  • The tariffs could disrupt supply chains and raise costs, with analysts predicting reduced consumer spending and strained business profitability.
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romania-actualitati.ro broke the news in on Thursday, April 3, 2025.
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