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

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…