The International Monetary Fund warned that Donald Trump's tariffs could lead to an economic downturn. The trade war is already costing American jobs.

Trump’s tariffs are forecast to slow the global economy sharply this year, the International Monetary Fund said.

The International Monetary Fund says the US and global economies will likely slow significantly in the wake of President Donald Trump’s tariffs and the uncertainty they have created.

Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but wants to see changes.

U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga are both good leaders but must earn the Trump administration's trust by refocusing the institutions on their core missions.

United States Treasury Secretary Scott Bessent on Wednesday said the heads of the Bretton Woods institutions need to earn the confidence of the Trump administration. The International Monetary Fund, IMF,

President Donald Trump said his administration was talking with China on trade, after Beijing denied the existence of negotiations on a deal and demanded the US revoke all unilateral tariffs.“They had a meeting this morning,

President Trump overestimates U.S. influence in his clash with China and underestimates it in his dealings with Russia. Neither strategy seems effective.

The U.S. and China held talks on Thursday morning to help resolve an ongoing trade war, President Donald Trump said. "We may reveal it later, but they had meetings this morning, and we've been meeting with China,