‘Tit-for-tat’ trade warfare threatens global economy, says IMF chief economist
AI Summary
IMF chief economist Pierre-Olivier Gourinchas warns that ongoing 'tit-for-tat' trade warfare poses significant risks to the global economy and that attempts to gain small advantages through such measures will ultimately be self-defeating.
Pierre-Olivier Gourinchas, who is leaving the fund, warns attempts to gain small advantages will be ‘self-defeating’
World Politics Markets Commodities trade warfare IMF global economy Pierre-Olivier Gourinchas economic risks political tensions commodities impact