IMF Chief: Global trade proves resilient despite disruptions

economictimes.indiatimes.com

IMF Chief Kristalina Georgieva stated that fears of inflation and trade slowdowns due to tariffs have been overstated, highlighting global trade's resilience. Global trade has adapted through new agreements, with actual collected duties significantly lower than initial tariff rates after negotiations. India has recently secured trade deals with the US and the EU. The IMF has upgraded global growth forecasts, citing private sector agility, AI potential, and a more resilient, multipolar world economy despite ongoing uncertainties.


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