Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Phillip Inman in Washington

IMF warns Trump trade tariffs could dent global economy as it upgrades UK outlook

Shipping containers being loaded on to a  ship at a port in Nantong in eastern China's Jiangsu province.
Shipping containers being loaded on to a ship at a port in Nantong in eastern China's Jiangsu province. Photograph: AP

The International Monetary Fund has warned the trade tariffs favoured by US presidential candidate Donald Trump could hurt global growth, as it upgraded its forecast for the UK economy.

The Washington-based organisation said tariffs trigger tit-for-tat trade wars that impoverish the economies involved in the dispute and the wider global economy.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.