Global economy likely to avoid recession despite tariffs — IMF chief - video Dailymotion

The Manila Times

Global economy likely to avoid recession despite tariffs — IMF chief  The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund says. While trade disruptions will inevitably 'incur costs,' the Fund now expects 'notable' markdowns to growth but no recession, IMF Managing Director Kristalina Georgieva tells reporters in Washington.  AFP VIDEO  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe  Visit our website at https://www.manilatimes.net    Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion    Subscribe to our Digital Edition - https://tmt.ph/digital  Sign up to our newsletters: https://tmt.ph/newsletters   Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer  Tune In: https://tmt.ph/tunein   #themanilatimes #worldnews #unitedstates #economy

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00:00Ultimately, trade is like water.

00:03When countries put an obstacle in the form of tariff and non-tariff barriers,

00:09the flow diverts.

00:11Some sectors in some countries may be flooded by cheap imports.

00:17Others may see shortages.

00:20Trade goes on, but disruptions incur costs.

00:25We will quantify this cost in our new World Economic Outlook

00:31to be released next week.

00:35In it, and I see our chief economist right here.

00:39He would make the presentation.

00:41In it, our new growth projections will include notable markdowns,

00:47but not recession.

00:49We will also see markups to the inflation forecasts for some countries.

01:19In it, we will continue to increase.

01:28The 18 places you are being fuelled by the US and the US and the US.

01:32The 18th quarter of the US will still be addressed with a little more information like this.

01:38The 17th quarter of the US and the US,

01:40the 18th quarter of the US will still be alench.

01:43The 18th quarter of the US will still be divided by the US.

Global economy likely to avoid recession despite tariffs — IMF chief

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