IMF says too early for precise analysis on Trump tariff impact

Gita Gopinath, the first deputy managing director of the IMF, emphasized the importance of international cooperation in resolving trade disputes amid U.S. tariff hikes. While addressing concerns about the impact of President Trump's tariff threats...

AP
FILE - President Donald Trump holds up a proclamation on steel imports during an event at the White House in Washington, March 8, 2018.
It is too early for any precise analysis of the consequences of higher U.S. tariffs against other countries, Gita Gopinath, the first deputy managing director of the International Monetary Fund, said on Friday.

"It's in the interest of all countries to work together, take care of disagreements and ensure there is an enabling environment for international trade," Gopinath told a press conference.

She was responding to a query about the potential impact of global trade friction and threats of higher tariffs by U.S. President Donald Trump on other countries, including Japan.

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