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flag The IMF warns Trump-style tariffs harm global growth, raise prices, and risk trade conflicts.

flag The IMF has warned countries against adopting Trump-style tariffs, cautioning they can fuel global inflation and disrupt trade. flag Managing Director Kristalina Georgieva said such measures are counterproductive for large open economies, urging adherence to the "most favored nation" principle. flag She highlighted that tariffs raise domestic prices and harm economic stability, especially amid ongoing U.S.-China trade tensions. flag The U.S. has imposed steep tariffs on imports from India and Brazil, citing unfair practices, and pressured India to halt Russian oil purchases—a claim India denies. flag The IMF stressed that protectionist policies risk triggering trade conflicts and undermining global growth.

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