https://www.taxtmi.com/news?id=50887 The IMF revised up its near term global and national growth forecasts after finding recent US import tariffs caused less economic damage than expected, due to front loading of imports, partial suspension of major levies, and supportive fiscal measures. It cautions the resilience is fragile, notes heterogeneous effects across major economies-US, China, euro area, Japan, India-and observes higher current year trade volumes from pre tariff shipments followed by slower trade growth as levies take effect. en-us Tue, 29 Jul 2025 18:46:03 +0530 Tue, 29 Jul 2025 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50887 The IMF revised up its near term global and national growth forecasts after finding recent US import tariffs caused less economic damage than expected, due to front loading of imports, partial suspension of major levies, and supportive fiscal measures. It cautions the resilience is fragile, notes heterogeneous effects across major economies-US, China, euro area, Japan, India-and observes higher current year trade volumes from pre tariff shipments followed by slower trade growth as levies take effect. News - Tue, 29 Jul 2025 18:46:03 +0530 https://www.taxtmi.com/news?id=50887