IMF warns against Trump-style tariffs

The International Monetary Fund (IMF) has issued a warning against the imposition of tariffs, citing concerns over the potential negative impact on global trade. This comes in the wake of recent tariff measures introduced by former US President Donald Trump, which have raised alarms among economists and policymakers. The IMF's stance is significant as it highlights the risks associated with protectionist policies, emphasizing the need for nations to collaborate rather than isolate themselves economically. This warning serves as a reminder of the delicate balance in international trade and the importance of maintaining open markets.