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IMF to Cut Global Economic Growth Forecast Over US Tariffs

Greenwatch Desk Economy 2025-04-20, 2:52pm

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The International Monetary Fund (IMF) is expected to revise its global economic growth forecast downward in response to trade tariffs imposed by the United States, according to a report by Bloomberg.

The global economy may soon feel the initial shockwaves of Washington's tariff measures, prompting the IMF to announce a reduced growth outlook as early as next Tuesday, the report said.

In an online interview with Reuters, IMF Managing Director Kristalina Georgieva signaled the likely revision, citing the negative impact of U.S. tariffs. She noted that such trade actions create significant uncertainty and erode investor and consumer confidence. "The longer the uncertainty lasts, the greater the impact on global economic growth," Georgieva said.