HawkInsight

  • Contact Us
  • App
  • English

International Monetary Fund: US tariff policy impacts global macro economy

Internet reports that the International Monetary Fund released a report on the 22nd local time saying that the Trump administration's imposition of import tariffs on almost all trading partners may further have a major impact on the global macro economy. The report pointed out that the imposition of tariffs by the United States will reduce global demand in the short term, lead to an increase in import prices and further aggravate inflationary pressures. In addition, uncertainty about tariffs may also weaken consumer and business confidence and exacerbate financial market volatility. The report pointed out that the increase in tariffs by the United States may lead countries to further increase trade barriers to cope with the growing trade imbalance, thus leading to an intensification of geo-economic divisions, which will have lasting damage to the global economy. (CCTV News)

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More