The International Monetary Fund (IMF) has raised concerns over the rising wave of US tariffs, warning that such protectionist measures could undermine global economic stability. In a recent statement, the IMF urged Washington to reconsider its trade approach, emphasizing the risks it poses to international supply chains, investor confidence, and long-term growth.
The warning follows renewed US tariffs targeting key imports, particularly from China and other major trading partners. The IMF stressed that these moves could provoke retaliatory actions, escalate trade tensions, and slow down global economic recovery at a time when many countries are still grappling with inflation and post-pandemic challenges.
“Trade restrictions may offer short-term advantages to certain industries but will ultimately weaken global growth,” the IMF said, highlighting how tariffs could disrupt markets and fuel uncertainty in both developed and developing economies.
The fund also called for a return to multilateral dialogue, urging world leaders to prioritize cooperation and rules-based trade. It emphasized that open, predictable trade policies are essential for global economic health and resilience.
Economists have echoed the IMF’s concerns, warning that prolonged trade disputes could affect everything from manufacturing to consumer prices, further complicating global economic dynamics.
