Countervailing duties will be a heavy burden on traders, warns IMF MHM NEWS

MHM NEWS

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00:00The International Monetary Fund has stated that U.S. and other companies are bearing

00:24the large share of retaliatory tariffs so far. However, the global inflation picture remains

00:30mixed due to still low demand for goods from top exporting countries.

00:40Julie Kozak, Director of Communications at the IMF, said at a virtual press briefing on Thursday,

00:47Despite the uncertainty regarding retaliatory tariffs, the global economy has shown resilience.

00:53We have observed stability and global growth in the first half of the year. However,

00:59we are now beginning to see signs of a worldwide recession. The inflation picture is somewhat

01:05mixed. Kozak said that inflation in the U.S. is rising due to the increased prices of some goods

01:13as a result of retaliatory tariffs. But inflationary pressure is still low in some Asian countries,

01:20including China. Because companies are bearing a portion of these tariffs,

01:24the impact on inflation in the U.S. has been limited so far. However, it is uncertain how long

01:30this will last. The IMF's Next World Economic Outlook will be published on October 14. The report

01:38will discuss the impact of retaliatory tariffs on the U.S. economy and inflation. The matter will also

01:45be included in the IMF's Annual Article 4 in November.

01:53Julie Kozak further mentioned that the flexibility in the U.S. labor market necessitated

01:59the Federal Reserve to cut interest rates in September. However, this carries the risk of

02:06increasing inflation. Therefore, the Fed must keep a careful eye on upcoming data when deciding on the

02:12next interest rate is the next interest rate.

02:19.

02:26.

02:29.

02:34.

02:38This is a virtual place briefing that we will talk about in a virtual place.

02:46We will talk about this.

02:50We will talk about this.

02:54We will talk about this.

02:58કોજાક બલેન પાલ્ટા શુલ્કેર પ્ભાબે જુક્તરાષ્ટેર કોણેર મૂલ્લો બેરે જાઓય દેશ્ટેર મૂલ્�

03:28અત્તેનીતી ઓ મૂલીસ ફીતીતે પાલ્ટા શુલ્કેર પ્ભાબ આલો જના કરા હવે એ છાના ન્બેમબર માશે

03:38આઈ એમ એફેર બાશીક આર્ટેકેલ ફોર એઓ બીશયતી અંતરભ્ક્તો થાંદે

03:44જુલીકો જાક આડો ઉલ્લેક કરેછેન જુક્તરાષ્ટે સ્રમવાજારે નામણી ઉતાર કારોને

03:51સ્પટેમબર માશે ફ�ેડારે લીજાર્કે શુદેરહાર કામણો પ્યજન હેછે તાબે એતે મૂદેશ ફીતી બિધ્ધ

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