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flag U.S.-China trade tensions spike, markets dip, but no full trade war as IMF warns of slow growth.

flag The IMF and World Bank annual meetings in Washington began amid rising U.S.-China trade tensions after China imposed export controls on critical minerals and President Trump threatened 100% tariffs, triggering a drop in U.S. stock markets. flag Despite fears of a renewed trade war, IMF Managing Director Kristalina Georgieva said the global economy is performing better than expected but still lacks sufficient growth, with modest gains projected for 2025 and 2026. flag Discussions will focus on global economic health, financial stability, job creation, and continued support for Ukraine, while G7 and G20 finance ministers meet amid ongoing geopolitical and economic pressures.

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