The IMF warns that the "restart" of Global trade will slow down growth and does not currently worry about an economic recession.

The President of the International Monetary Fund (IMF) cautioned that the USA-led "restart" of Global trade will drag down Global economic growth, but a recession is not included in the forecast. Ahead of the spring meeting scheduled in Washington next week, IMF President Kristalina Georgieva stated on Thursday that President Donald Trump's tariff threats have fueled a rise in protectionism, leading to costly uncertainties that slow economic activity and hinder productivity. "Trade continues, but interruptions come with costs," she said in a speech in Washington. "Our new growth forecast will be significantly downgraded, but does not include a recession," while also expecting inflation to accelerate in some countries.