IMF Warns Trump’s Tariffs Present New Challenges for Emerging Markets

The International Monetary Fund (IMF) has warned that the US trade war initiated by former President Donald Trump presents a greater challenge to emerging market policymakers than the COVID-19 pandemic five years ago. The IMF argues that the unpredictable impact of tariffs on developing countries and global markets makes it difficult for central banks to support their economies, surpassing the challenges faced during the pandemic.