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IMF Warns US Tariffs Could Prove “Counterproductive” to Global Trade

Register for the Feb. 17 webinar, De-Risking Supply Chains Through Nearshoring, today to learn how to realize the benefits of localizing supply chains from factories that are helping brands successfully produce in the U.S.

Though the International Monetary Fund’s current outlook for the U.S. economy is bright, the organization warned that looming tariffs and their countermeasures could pose significant risks to the global economy. In a statement Thursday, IMF director Christine Lagarde said unilateral trade actions aren’t only disruptive, but they can prove counterproductive to the global economy and…

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