THE IMF says the escalation of trade tensions and policy uncertainty are expected to have a significant impact on global economic activity this year.In its world economic outlook report for April released this week Tuesday, the Bretton Woods Institution projected a decline in global economic growth by 0,5 percentage points to 2,8 percent.The Washington D.C-based…
Trade wars weigh on global economy: IMF
As recently as January, the IMF revised its global growth projections slightly higher to 3.3% for 2026 and 3.2% for next year.