Summary

The IMF warns that US tariff uncertainty could hinder the economy, despite its current strength. The IMF also highlights concerns about the US current-account deficit, budget deficits, and potential vulnerabilities in the net investment position. Additionally, the IMF notes that stricter immigration policies could strain labor supply and hinder growth, while emphasizing the importance of maintaining the US’s strong institutional framework for economic policymaking.

https://www.straitstimes.com/business/economy/imf-says-tariff-uncertainty-risks-hampering-buoyant-us-economy?ref=top-stories