Global Trade Activity Slows After Tariff-Driven Surge
U.S. data earlier this month showed the largest-ever plunge in imports during April. (Chris Ratcliffe/Bloomberg) The International Monetary Fund is seeing signs that the rise in trade and activity to front-run U.S. President Donald Trump’s tariffs is beginning to unwind as the global economy still faces heightened uncertainty. Recent trade pacts Washington reached with China ...more