IMF discounts Trump tariff recession threat  

The expectation of sweeping levies is creating uncertainty but unlikely to trigger a recession, the financial body’s managing director has said  

US President Donald Trump’s push for tariffs is fueling significant uncertainty and undermining confidence about the global economy, but it’s unlikely to cause a recession in the near future, the head of the IMF has told Reuters.

Trump is expected to announce “reciprocal tariffs” on Wednesday...