IMF says Trump’s tariffs will be a drag on global economic growth. Import taxes will hurt the United States and its trading partners, according to IMF experts. Updated April 22, 2025.

The IMF also projects U.S. inflation will increase in the U.S., reaching about 3% by the end of the year. Federal Reserve Chair Jerome Powell, in a speech on April 16 , had also warned that import ...

The IMF's report slashed its 2025 economic growth forecast for the U.S. to 1.8%, slashing 0.9 percentage point from the gross domestic product (GDP) growth rate it projected in January. It also ...

The IMF said that the global economy will grow just 2.8% this year, down from its forecast in January of 3.3%, according to its latest World Economic Outlook. And in 2026, ...

The IMF's latest Fiscal Monitor projected that global public debt will grow 2.8 percentage points to 95.1% of global GDP in 2025. It said the upward trend was likely to continue, reaching 99.6% of ...

The IMF predicts that Japan’s economy, hurt by production problems in the auto industry and a slowdown in tourism, will expand by a meager 0.3% this year before accelerating to 1.1% growth in 2025.

The IMF forecast for the U.S. was upgraded, and the economy is now expected to expand by 2.8 percent in 2024. This is lower than the 2.9 percent growth seen in 2023 but an improvement on the 2.6 ...

The International Monetary Fund on Tuesday said it has reached a preliminary agreement with Argentina on a $20 billion bailout, providing a welcome reprieve to President Javier Milei as he seeks ...

Trump administration says IMF, World Bank ‘falling short’ of missions. Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank ...

The IMF should take a mulligan on the 2024 External Sector Report. The imbalance in China’s goods trade is expanding, not receding. It is too big for the IMF to ignore.