According to a report by Coin World, the International Monetary Fund stated on the 22nd local time that the Trump administration's practice of imposing import tariffs on almost all trading partners may further have a significant impact on the global macro economy. The report pointed out that the U.S. tariff increases will reduce global demand in the short term, leading to a pump in import prices and further exacerbating inflationary pressures. In addition, the uncertainty of tariffs may also weaken consumer and business confidence, exacerbating fluctuations in the financial markets. The report indicated that the U.S. tariff increases could lead countries to respond to the increasingly severe trade imbalance issue by further raising trade barriers, thereby exacerbating geopolitical economic divisions, which will have a lasting damage to the global economy. ( CCTV News )