World economic and finance chiefs want an off-ramp from the worst global trade crisis in a century. This week they¡¯re heading toward its epicenter.
Washington makes for a turbulent backdrop to the spring meetings of the International Monetary Fund and World Bank, headquartered in the U.S. capital as anchors of America¡¯s economic and financial clout. President Donald Trump¡¯s tariff war hasn¡¯t just roiled markets and raised recession fears: it¡¯s also called into question U.S. economic and security leadership ¡ª a pillar of the post-World War II global order ¡ª like never before.
The stage is set for ¡°one of the most stark and dramatic meetings I can think of in recent history,¡± says Josh Lipsky, senior director of the GeoEconomics Center at the Atlantic Council and former IMF adviser. ¡°You have at this moment a deep challenge to the multilateral rules-based system which the U.S. helped build.¡±
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.