From the BBC World Service: In an exclusive BBC interview, IMF Deputy Director Gita Gopinath said tit-for-tat tariffs cause global losses in growth equivalent in size to the economies of France and Germany.
Gita Gopinath, First Deputy Managing Director of the International Monetary Fund (IMF) attends a press briefing concluding the 2024 China Article IV Mission in Beijing on May 29, 2024. The International Monetary Fund on May 29 raised its yearly growth forecast for China, but warned that Beijing's industrial policy risks "misallocation" of resources and could harm trade. (Photo by WANG Zhao / AFP) (Photo by WANG ZHAO/AFP via Getty Images)
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