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flag IMF report criticizes tariffs, urging global economic adjustments to address imbalances.

flag The IMF warns that tariffs are not an effective solution to global imbalances, as current account balances widened sharply in 2024. flag The annual External Sector Report indicates that excessive surpluses or deficits can pose risks, affecting global risk sentiment and increasing financial stress. flag The report criticizes the US's use of tariffs, suggesting instead that China boost consumption, Europe increase infrastructure spending, and the US reduce public deficits.

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