Today, IMF Managing Director Kristalina Georgieva issued the following statement regarding the announcement of the United States tariffs:

“We are still assessing the macroeconomic implications of the announced tariff measures, but they pose significant risks to the global outlook at a time when manufacturing growth is robust. It is important to take steps that could harm the world economy. We urge the United States and its trading partners to take action as planned to ease trade tensions and reduce uncertainty.”

“We will share our assessment of the World Economic Outlook statement, which will be announced at the IMF/World Bank Spring Meetings later this month.”