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Trump tariffs live updates: Treasury secretary criticizes IMF, World Bank
ABC News's Mary Bruce asked Trump if he agreed with Treasury Secretary Scott Bessent who suggested that the current standoff over tariffs with China is not sustainable. Trump brushed off the concerns and said he's not going to play hardball with China.
IMF slashes global growth outlook on impact of Trump tariffs
The International Monetary Fund on Tuesday slashed its forecast for global growth this year and warned of an increase in global financial stability risks, citing the effect of US President Donald Trump’s new tariff policies on the world economy.
Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the ...
The narrower gap between spending and revenue is "contingent on higher tariff revenues," according to the report. The level ...
Treasury Secretary Scott Bessent blasted the International Monetary Fund and the World Bank as worries over President Trump's ...
Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of ...
Economic growth in the U.S. is forecast to slow to 1.8% in 2025, ninety basis points lower than the IMF’s prediction from ...
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