Still betting on Nvidia? Our AI picked this stock instead; it’s up 96%+ THIS MONTH
Investing.com -- The International Monetary Fund (IMF) announced Thursday it is closely monitoring recent U.S. tariff announcements, emphasizing that uncertainty about the global economic outlook remains high.
The organization called for countries to "work constructively to facilitate a stable trade environment" amid evolving trade-related developments.
The IMF plans to provide more detailed analysis when it releases an update to its April World Economic Outlook in late July. This update will come before the new August 1 deadline set for trade negotiations.
An IMF spokesperson, responding to questions about the situation, stressed that nations should continue collaborative efforts to address shared challenges in the global trade landscape.
The statement comes as trade tensions have increased following recent U.S. tariff announcements, adding to existing economic uncertainties in global markets.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.