U.S. import tariffs affect global economic openness, IMF chief warns

IMF Managing Director: U.S. Import Tariffs Have Severely Damaged the Openness of the World Economy

IMF Managing Director Kristalina Georgieva said on Wednesday that the openness of the world economy has been severely affected due to U.S. import tariffs, but a global trade war has not yet occurred.

She stated during a speech in Washington: "The world has temporarily avoided a tit-for-tat trade war. However, the openness of the economy is still severely impacted."

Georgieva also pointed out that the U.S. measures to increase import tariffs have not ended, and the tariff rates for some countries may change in the future.

Original article: www.toutiao.com/article/1845429333000203/

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