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The Latest Breaking News on The Guardian view on the IMF’s warning: Donald Trump could cost the world a trillion dollars

The Guardian view on the IMF’s warning: Donald Trump could cost the world a trillion dollars

Editorial: The US president’s economic agenda collides with fragile financial systems, triggering market fears, investor flight and developing nation chaos

The Guardian - UK

Trump uncertainty set to smash Australian economy

Australia is not following the "bouncing ball" of Donald Trump's daily shifts, the treasurer says, amid predictions of a bigger-than-expected economic hit.

AAP

Where will tariffs and inflation stand a year from now? Fitch's chief economist outlines a worrisome prediction

A top economist lays out the economic fallout from Trump's tariff war.

Fortune

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If Trump fires Jerome Powell and replaces him with someone more politically pliant, 'it could be something that backfires on Trump spectacularly,' researcher says

It’s also unclear how much interest rate cuts can "stem the bleeding" from tariffs, Renaissance Macro’s Neil Dutta said.

Fortune

Wealthy Americans are pouring money into Swiss bank accounts and buying gold to weather the recession

President Trump’s tariffs are “causing a new wave” of Americans rushing to open offshore investment accounts, warns Swiss consulting firm CEO.

Fortune

Labour told to stop pandering to US as UK growth expectations slashed

LABOUR has been told to stop “scraping around” for minor deal changes with the US and to work on building better ties with the EU following a…

The National (Scotland)

Eurozone consumer confidence falls to 18-month lows as tariffs bite

Eurozone consumer confidence hits 18-month low as US tariffs bite. IMF cuts global growth forecasts while Lagarde urges policy flexibility

Euronews

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Risks to global financial stability surging after Trump tariffs, warns IMF

World body says ‘sharp repricing of risks’ possible amid growing concern over role of ‘nonbank’ lenders

The Guardian - UK

Global growth forecasts slashed in fallout from Donald Trump tariffs, IMF warns

US tariffs leading to global trade disruption and unprecedented uncertainty is set to significantly slow growth in economies around the world, the…

The National (Scotland)

IMF Slashes Global Growth Outlook On Impact Of US Tariffs

The International Monetary Fund on Tuesday slashed its forecast for global growth this year, citing the effect of US President Donald Trump's new tariff policies on the world economy.

International Business Times

World Could Boost Growth By Reducing Trade Doubt: IMF Chief Economist

Policymakers should find a way to reduce the uncertainty over trade policy kicked up by Donald Trump's tariff plans in order to boost global growth, the International Monetary Fund's chief economist said in an interview.

International Business Times

UK economic growth forecast slashed as Trump’s tariffs hit Britain harder than Europe

The downgrade to Britain’s growth forecasts heightens the importance of Rachel Reeves securing a trade deal for the UK

The Independent UK

US, global economic outlook worsens in the face of Trump's tariffs, IMF says

The outlook for the U.S. and global economies this year and next has significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created

The Independent UK

IMF warns Donald Trump's tariffs are darkening global economic outlook

The outlooks for the US and global economies have significantly worsened in the wake of President Donald Trump's tariffs and the uncertainty they have created, the International Monetary Fund said on Tuesday.

Euronews

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The Guardian - US

Tariffs will raise prices. But the climate crisis is the real inflation risk

As temperatures rise and countries back off their decarbonization efforts, we must confront a reality central banks can’t correct

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PierreOlivier Gourinchas

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