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Growth uncertainties: IMF's assessment reflects the global chaos

It is worth noting that the IMF's latest projections have come when there is a high level of uncertainty

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However, it is worth noting that the IMF’s latest projections have come when there is a high level of uncertainty. It is possible that the outcomes would be significantly different from these projections. (Image: Bloomberg)

Business Standard Editorial Comment Mumbai

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Global uncertainties caused by the United States (US) trade policy have made the lives of economic forecasters and business planners enormously difficult. It is impossible to predict what will happen after the 90-day pause in implementing the so-called reciprocal tariffs ends. How many countries will the US be able to strike a trade deal with, and at what tariff level? If the US is unable to arrive at a deal, will more time be given for negotiations? And what will happen to the prohibitive tariffs on China? Numerous such unsettled questions will determine the pace of global growth, and that