IMF Knocks Biden’s China Tariffs as Risk to US, World Growth
- Unimpeded commerce has been vital to US performance, IMF says
- Fund has sounded alarm on fragmentation for more than a year
The International Monetary Fund headquarters in Washington, DC.
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The International Monetary Fund criticized the Biden administration’s decision to aggressively raise tariffs on some Chinese goods, underscoring its warning that tensions between the world’s top two economies risk hurting global trade and growth.