The International Monetary Fund (IMF) has voiced alarm about former President Donald Trump’s tariffs, warning that they pose significant economic risks to the global economy. In a recent report, the IMF expressed concern over the potential for trade disruption and inflation spikes arising from the tariffs. The warnings underscore the fragility of the current economic recovery phase, with experts urging for diplomatic solutions to mitigate geopolitical uncertainty. “, IMF Managing Director Kristalina Georgieva stated that “It’s crucial to avoid actions that could further harm the global economy.” The IMF has highlighted potential challenges including disruptions in global trade and inflationary pressures. This comes at a time when markets have been reacting sharply to these developments. The S&P 500 index has witnessed a significant drop, while other major market indices like Japan’s Nikkei Index followed suit. Meanwhile, cryptocurrencies such as Bitcoin have shown resilience amidst broader market declines. The IMF emphasizes the need for international cooperation in mitigating the negative impact of protectionist policies. Markets are witnessing shifts with investors increasingly focusing on cryptocurrencies as a hedge against volatility. Larry Fink, CEO of BlackRock, has highlighted these shifts, emphasizing risks to U.S. economic influence. The IMF’s stance echoes historical patterns like the U.S.-China trade war where Bitcoin gained traction during periods of market instability, The report underscores the need for global cooperation in mitigating the adverse effects of protectionist policies.