The IMF headquarters in Washington DC. Core inflation and unemployment in the US have risen, the institute said. Photograph: Shawn Thew/EPA
The “adverse effects” of US tariffs are “starting to show”, the International Monetary Fund (IMF) has warned.
While more protectionist trade measures have had a limited impact on the global economy to date, this is largely because households and businesses front-loaded their consumption and investment providing a temporary boost to activity, the Washington-based institute said in the latest outlook report.
These patterns have
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