Posted on 07/10/2025 10:41:44 PM PDT by nickcarraway
: The IMF said on Thursday (Jul 10) it was closely monitoring the latest US tariffs announcements, saying uncertainty about the global economic outlook remained high and urged countries to work constructively to facilitate a stable trade environment.
The IMF said it would offer more details when it releases an update to its April World Economic Outlook in late July, ahead of the new August 1 deadline for trade negotiations.
US President Donald Trump on Wednesday expanded a global trade war with a new 50 per cent tariff on US copper imports and a 50 per cent duty on goods from Brazil, both to start on Aug 1. He also announced higher tariffs for 21 other countries.
"Trade-related developments are evolving and uncertainty remains high," an IMF spokesperson said in response to a query from Reuters. "Countries should continue to work constructively to facilitate a stable trade environment and address shared challenges."
(Excerpt) Read more at channelnewsasia.com ...
What’s an IMF?
International Monetary Fund.
If Trump isn’t careful he’ll bring about that ‘Great Reset”.
Trump always plays it close to the vest and keeps them guessing all the time.
You don’t become the kind of success in NYC real estate/development he has by being predictable.
“Trump always plays it close to the vest and keeps them guessing all the time.”
Heh. Well sorry I’m not someone who thinks Trump plays 4d chess. He has made plenty of mistakes and he’s strangely naive when it comes to judging people who work for him for someone with as much business acumen as you claim.
Should any of your IMF team be killed or captured,
the Secretary will disavow any knowledge of your actions
Oh, I was thinking the Impossible Missions Force
President Trumo announced a 35% tariff on everything, even on top of this sectoral tarriff
Oofff
Elbows down, head on a swivel....
Duh!
Thanks.
What does Christalina Georgieva think?
Every country is going to pay a minimum 10% tariff to the USA.
In addition, every country will reduce their own tariffs on USA goods to a 10% maximum.
If they do not, Trump will close their USA trade window.
Every trading country can also manufacture their goods inside the USA - and, have no tariff at all.
Reads like another “Let’s Hate Trump” article to me.
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