IMF warns Trump economic policy threatens global disruption
Source: BBC
The International Monetary Fund has warned that US economic policies under incoming president Donald Trump could hit the rest of the world and ultimately backfire on the US.The IMF says a threatened wave of tariffs could make trade tensions worse, lower investment, hit market pricing, distort trade flows and disrupt supply chains.Although tariffs, tax cuts and deregulation could boost the US economy in the short…
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