The IMF warns countries about growing trade problems hurting world markets. Their leader, Kristalina Georgieva, says next week's economic report will show lower numbers but not a recession. She compared recent tariff changes to water that boiled over after bubbling for ages, showing how trust between nations has fallen apart. Small countries feel caught between China, Europe, and the United States, which import most goods despite having less trade compared to their economies.
Modern supply chains make things complex because one product might face taxes from many different countries. This creates uncertainty for ships, investments, and markets. Though tariffs raise money for governments, they shift business costs around, with importers...