Sri Lanka, April 4 -- The International Monetary Fund (IMF) has issued a stark warning regarding the potential impact of newly announced U.S. tariffs on the global economy. In a statement released today, IMF Managing Director Kristalina Georgieva expressed concern over the measures, highlighting the potential for increased economic instability.
"We are still assessing the macroeconomic implications of the announced tariff measures, but they clearly represent a significant risk to the global outlook at a time of sluggish growth," Georgieva stated. "It is important to avoid steps that could further harm the world economy."
The IMF's statement comes a day after the U.S. government unveiled new tariffs on a range of imported goods. Georgieva ...