Global economy likely to avoid recession despite tariffs — IMF chief
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund says. While trade disruptions will inevitably 'incur costs,' the Fund now expects 'notable' markdowns to growth but no recession, IMF Managing Director Kristalina Georgieva tells reporters in Washington.
AFP VIDEO
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