IMF sees much lower bilateral trade between U.S. and China
ReutersApr 22, 2025 1:38 PM
WASHINGTON, April 22 (Reuters) - The International Monetary Fund expects much lower bilateral trade between the U.S. and China, the world's two largest economies, as a result of tariffs imposed in recent months, the IMF's chief economist Pierre-Olivier Gourinchas said on Tuesday.
The long-term impact of the tariffs, if they are maintained, will be negative for all regions, Gourinchas said.
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