THE International Monetary Fund yesterday said it is closely following developments in the US, including moves by the Trump administration to halt foreign aid and impose tariffs on China, but it was too soon to offer clear assessments of the impact.
The global lender has repeatedly warned countries that protectionist measures, trade restrictions and increased uncertainty could dampen global growth, but IMF spokesperson Julie Kozack said the impact of already announced US tariffs and other measures would depend on the responses of other countries and consumers, along with further trade developments.
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