IMF warns Trump's plans could backfire on the US

The IMF warns that Donald Trump’s economic policies, including threatened tariffs, tax cuts, and deregulation, could potentially disrupt global trade, lower investment, distort market pricing, and weaken the role of US Treasury bonds as a safe asset. While these measures may boost the US economy in the short term, they could lead to an inflationary boom followed by a bust, impacting both the US and the rest of the world. The World Bank also cautions that US tariffs could depress global growth, with both organizations predicting slower growth rates in the coming years.

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