IMF urges US to work with partners to ease trade restrictions - News Summed Up

IMF urges US to work with partners to ease trade restrictions


IMF urges US to work with partners to ease trade restrictionsWASHINGTON, United States, Feb 26, 2026 (BSS/AFP) - The IMF on Wednesday called on the United States to work with trading partners and find ways to mutually ease trade curbs, as it issued a review of the world's biggest economy. But the fund said Wednesday that Washington should work constructively with partners "to address concerns over unfair trade practices and agree on a coordinated reduction in trade restrictions and industrial policy distortions that have negative cross-border effects." She noted that the fund shares the Trump administration's concern about the size of the US trade and current account deficit. While the economy is "buoyant," the IMF warned that "uncertainty around trade policies could represent a larger-than- expected drag on activity." At that time, it raised concern over growing trade restrictions under then-president Joe Biden's administration, urging officials to unwind obstacles to free trade.


Source: Bangladesh Sangbad Sangstha February 26, 2026 07:04 UTC



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