IMF Knocks Biden’s China Tariffs as Risk to US, World Growth (1)

The International Monetary Fund criticized the Biden administration’s decision to aggressively raise tariffs on some Chinese goods, underscoring its warning that tensions between the world’s top two economies risk hurting global trade and growth.

“Our view is that the US would be better served by maintaining open trade policies that have been vital to its economic performance,” IMF spokeswoman Julie Kozack said Thursday in Washington when asked about the move earlier this week.

Read More: Biden Accuses China of ‘Cheating’ on Trade, Imposes New Tariffs

Kristalina Georgieva in April

Photographer: Julia Nikhinson/Bloomberg

IMF Managing Director Kristalina Georgvieva last month said “all eyes are on the US” ...