Trump’s tariffs are forecast to slow the global economy sharply this year, the International Monetary Fund said.

The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, citing the impact of U.S. tariffs now at 100-year highs and warning that rising trade tensions would further slow growth.

The US suffers the biggest downgrade to growth among advanced economies, in the influential International Monetary Fund's latest forecast.