The International Monetary Fund on Thursday warned the United States that escala...
WASHINGTON - The International Monetary Fund on Thursday warned the United States that escalating trade disputes or an abrupt downturn in financial markets could pose substantial risks for the U.S. economy.
But the U.S. financial system appears increasingly vulnerable and financial conditions could tighten as investors worry more about America’s trade disputes, IMF officials said. Trump has hiked tariffs on billions of dollars in Chinese imports and last week threatened to raise tariffs on all Mexican imports if Mexico doesn’t crack down on illegal immigration into the United States.
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