The International Monetary Fund (IMF) has revised its growth forecasts due to escalating trade tensions, particularly concerning the tariffs imposed by the US. While the IMF acknowledges that these trade barriers will likely weaken the global economy and spur inflation, it maintains that a global recession is unlikely at this time. IMF chief Kristalina Georgieva emphasized the need for major economies to resolve their trade grievances to maintain economic stability. Despite concerns over geopolitical risks and their potential impact on financial markets, the IMF remains optimistic that the world economy can avoid a recession despite these challenges.