According to ChainCatcher, Julie Kozack, the spokesperson for the International Monetary Fund (IMF), stated on Thursday that the organization is continuing to assess the impact of President Trump's tariff plans (including the new 25% auto tariffs), but its baseline forecast does not anticipate an economic recession in the United States.
When asked about Trump's tariff plans at the IMF's regular press conference, Kozack said that tariffs imposed on goods from Canada and Mexico would have a "significant adverse impact" on these countries' economic prospects if they continue, but she declined to provide specific details. She added that the IMF is continuing to evaluate the impact of various tariff measures announced by Trump on other regions.