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International Business Times
International Business Times
Business

IMF Warns Of 'Intensified' Risks To Outlook For Public Finances

The International Monetary Fund said risks to the global fiscal outlook had intensified (Credit: AFP)

Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.

The US President's on-again, off-again introduction of levies against top trading partners sent market volatility soaring and unnerved investors, who are attempting to chart a path through the increased uncertainty caused by the manner of the rollout.

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