US tariffs could harm world economy – IMF

The International Monetary Fund, IMF, has expressed concern over the new tariffs imposed by the United States, warning of potential adverse effects on the global economy.

On 2nd April—declared “Liberation Day” by President Donald Trump—he directed the imposition of a minimum baseline tariff of 10 per cent, along with a range of reciprocal tariffs.

In response, the IMF urged nations across the globe to reduce trade tensions and pursue amicable solutions through…