Washington. The general director of the International Monetary Fund (IMF), Kristalina Georgieva, said this Tuesday that new tariffs on imports in the United States could generate price increases that would especially impact low-income families.
The two candidates for the US presidential elections on November 5, former president Donald Trump and Vice President Kamala Harris, have been in favor of this policy.
The tariffs drive prices up. At a time when we are still fighting to lower inflation, it is highly desirable that we do not generate new factors to boost prices.
Georgieva said during an interview with CNBC.
He stressed that when a country is subject to tariffs, there is a 75 percent chance
of commercial retaliation.
What we see is a risk that prices in the United States will increase, (and) affect consumers, especially poor families. There is also the risk that US companies will be hit by retaliatory measures.
Georgieva warned.
The United States is emerging from a period of strong inflation, like the rest of the world, a consequence of the consumer boom following the Covid-19 pandemic and the reactivation of the global economy.