The International Monetary Fund projects a marginal improvement in global economic growth, yet warns of serious risks posed by President-elect Donald Trump's aggressive fiscal policies. The proposed slashes in U.S. taxes, along with punitive tariffs on imports and mass deportations, could derail the tentative recovery, disrupting worldwide economic stability and harming vulnerable communities.
IMF Cautions Against Trump's Risky Economic Plans, Threatening Global Prosperity
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IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook
9
Jan-19
Economy
Score: 0.30
The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.S. taxes, impose tariffs on foreign good…
From Biztoc.com
Jan-19
Economy
Right Variant
Score: 0.80
Despite the IMF's conservative forecast on global economic growth, its failure to fully appreciate the revitalizing impact of President-elect Donald Trump's tax cuts, tariffs, and immigration reform is evident. Trump's decisive actions are set to strengthen the U.S. economy, boost job creation, and secure fair trade terms, thereby contributing positively to the global market in the long run.
From Biztoc.com