The IMF urges the U.S. to rein in debt as Trump pushes to extend tax cuts, raising fears of worsening deficits and economic instability.

Leading financial officials from the world’s richest countries are gathering in a Canadian mountain resort this week for what may prove a contentious meeting in the wake of President Donald Trump’s sw

Trump’s economic policies follow a similar path of economic populism and nationalistic rhetoric. Just like illiberal economic policies failed in Europe, his tariffs were never going to magically reindustrialise the US or end working-class suffering.

According to the International Monetary Fund's (IMF) Articles of Agreement, the institution's main purpose is to facilitate the balanced growth of international trade and thereby promote high levels of employment and real (inflation-adjusted) income.

The International Monetary Fund (IMF) has cautioned that the recent reciprocal tariffs imposed by US President Donald Trump are expected to weigh on Pakistan’s exports and economic growth.

Beyond fiscal challenges, Gopinath flagged “very elevated” uncertainty in U.S. trade policy. While acknowledging recent positive developments like tariff rollbacks on China, she cautioned that rising trade barriers could significantly slow global growth. “There is a very high level of uncertainty,” Gopinath told the FT.

South Korea sent a delegation to Washington to hold a second round of technical discussions this week over the Trump administration's proposed "reciprocal" tariffs, Seoul's Trade Ministry said Tuesday.

The world’s biggest economies have stepped back from the brink of a full-blown trade war that threatened to spark a global recession.

Denmark’s economic growth, which was driven by what economists described as an “exceptional surge” in pharmaceutical exports, is expected to weaken this year.