Why tariffs could cost the global economy 0.5% output by 2026

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Why tariffs could cost the global economy 0.5% output by 2026
Pierre-Olivier GourinchasGlobal Economic GrowthGlobal Economy
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More tariffs are hitting the global market as the European Union and the United States both have targeted China. Pierre-Olivier Gourinchas, IMF chief...

More tariffs are hitting the global market as the European Union and the United States both have targeted China. Pierre-Olivier Gourinchas , IMF chief economist, sits down with Yahoo Finance Senior ReporterGourinchas sees increased tariffs and trade tensions as a major concern that could stunt global economic growth in 2025 and beyond."Countries imposing measures or distorting trade are upwards of 3,000 of them now, compared to only 1,000 in 2019.

Europe slapped tariffs on Chinese We saw the Biden administration take similar action earlier this year, and Donald Trump has pledged to impose tariffs on all US exports, all imports, rather, if we were to see that plan implemented and retaliation, what type of impact are we talking about on global growth as well as the global trading system?There are potentially things that could improve growth.

Well, that will very much depend on how you know the domestic inflation trajectory will change and how activity might change. Schwarzkopf Professional Names Tracey Cunningham as U.S. Creative Director of Color and Technique & Jacob Schwartz as U.S. Hair Color Trend Ambassador Walgreens Collects More than 6-Million Pounds of Unused Prescription Medication, Seeks the Public’s Help for National Drug Takeback Day

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