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.

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…

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