IMF Warns Trump’s Policies Could Increase Global Debt
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The IMF has warned that President Trump’s tariffs and tax policies could drive America’s public debt to post-war highs and increase the global government debt burden. The uncertainty over trade policies this year is expected to exacerbate the debt issue. The IMF’s predictions indicate that the debt burdens of major economies, including the US, China, Germany, France, Italy, and the UK, will grow in 2025 compared to the previous year. Trump’s actions are not only causing strife in America but also impacting other nations globally.
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