Trump’s New Trade War with China Overshadows IMF and World Bank Meetings
The trade war between the US and China has heated up again, just as global leaders gather for the IMF and World Bank meetings in Washington. Former President Donald Trump’s fresh warning of 100% tariffs on Chinese imports has created new uncertainty in global markets.
This move comes after months of calm, when both sides had eased tensions and hopes for global economic recovery were growing. But the renewed threats are now worrying investors and policymakers, as they could disrupt trade flows and slow down growth.
China has already responded by imposing new taxes on US-linked ships, signaling that the tension could escalate further. As finance ministers and central bankers meet this week, the US-China trade conflict is expected to dominate the discussions.
Analysts believe Trump’s tough talk might be part of a negotiation strategy, but it has already caused market volatility and raised fears of another trade shock.
Earlier, the IMF had increased its global growth outlook for 2025, citing strong recovery signs. However, officials now warn that rising trade tensions could hurt that progress and create more economic risks.
Impact:
The revived trade war could overshadow global economic meetings and keep markets volatile. Growth expectations might weaken if tariff threats continue or escalate further.