IMF warns to avoid trade war

25 October, 2024, 12:00 am

Last modified: 25 October, 2024, 12:00 am

IMF warns to avoid trade war

25 October, 2024, 12:00 am

Last modified: 25 October, 2024, 12:00 am

If elected president, Donald Trump has hinted at imposing universal tariffs of up to 20% on all imports. After that, the European Union-EU issued a counter-warning. If Trump's tariff plan is implemented, this alliance of Europe will impose counter-tariffs. The global economy will suffer in such counter-planning. The International Monetary Fund - IMF has expressed such fears.

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