Kristalina Georgieva said a breakdown of trust sparked a ‘reboot of the global trading system’ but the global economy will avoid a recession.

Kristalina Georgieva warns that Donald Trump’s tariff ‘reboot’ threatens to raise prices and play havoc with markets

The International Monetary Fund's Kristalina Georgieva stated that while President Trump's tariffs will impact global growth, a recession can be avoided. The IMF expects short-term disruptions and rising inflation but stresses that smart responses to trade tensions are crucial for long-term stability.