https://www.taxtmi.com/news?id=41907 The IMF urged swift resolution of trade tensions driven by large, unpredictable tariff measures, stating that such uncertainty is causing firms to delay investment and consumers to cut spending, contributing to a downgrade in global growth forecasts and a higher recession risk; the IMF warned that poorer countries will bear the heaviest burden. The article notes that aggressive unilateral tariffs and frequent policy reversals have produced market volatility, while recent signals of tariff reduction present an opportunity for negotiation to restore confidence. en-us Thu, 24 Apr 2025 18:46:03 +0530 Thu, 24 Apr 2025 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41907 The IMF urged swift resolution of trade tensions driven by large, unpredictable tariff measures, stating that such uncertainty is causing firms to delay investment and consumers to cut spending, contributing to a downgrade in global growth forecasts and a higher recession risk; the IMF warned that poorer countries will bear the heaviest burden. The article notes that aggressive unilateral tariffs and frequent policy reversals have produced market volatility, while recent signals of tariff reduction present an opportunity for negotiation to restore confidence. News - Thu, 24 Apr 2025 18:46:03 +0530 https://www.taxtmi.com/news?id=41907