The new customs duties announced by US President Donald Trump that they will be imposed on products imported in his country raise a “significant risk” for the global economy, the Director General of the International Monetary Fund (IMF) warned yesterday. Cristalina Georgieva.

“It is important to avoid measures that could hurt the global economy even more.”Ms. Gergieva added in a press release released by her services, while US trade partners are preparing to take retaliation measures.

“We are still in the process of evaluating the macroeconomic impacts of the tariff measures announced, but apparently they have a significant risk for the prospect of the global economy in a period of sluggish growth,” The IMF chief pointed out.

“We urge the US and their commercial partners to work in a constructive way to resolve commercial tensions and reduce uncertainties,” added.

The customs duties announced by Donald Trump, higher than most expected, caused a f andnstation of dollar, oil prices and stock markets around the world yesterday, as investors are obviously declining.