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IMF warns of 'intensified' risks to public finances amid US trade war

International Monetary Fund (IMF) Chief Economist Pierre-Olivier and IMF Research Department Deputy Director Petya Brooks in Washington, DC. April 22, 2025. [AFP]

Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.

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