IMF praises countries for shunning retaliatory tariffs

The International Monetary Fund on Friday commended nations for avoiding retributive tariffs, which could have thrown the world economy into turbulence. Speaking at the 2025 World Bank-IMF Annual Meetings Plenary, IMF Managing Director Kristalina expressed relief that 188 out of 191 member countries had not engaged in tit-for-tat actions. Georgieva said that though international economic

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