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Trade Tensions Threaten Global Growth, Warns IMF

IMF Warns of Trade Tensions Risking Global Growth

The International Monetary Fund (IMF) cautioned that trade tensions and a potential downturn in the artificial intelligence (AI) sector pose significant threats to global economic growth. The warning was issued in the IMF's latest world economic outlook, which characterized the global economy as "steady" and projected "resilient" growth for the current year.

The IMF's forecast was released in the wake of Donald Trump's recent threat to impose tariffs on eight European countries that opposed his proposed acquisition of Greenland. The fund also emphasized the critical importance of central bank independence for maintaining global economic stability and growth.

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