World economy at risk from US policies – IMF

WASHINGTON, D.C.: President Donald Trump’s aggressive trade policies, and expansive tax cut at a time when the US economy is growing, are creating risks that could damage the domestic and global economies, the International Monetary Fund warned Thursday.

The tax cuts will generate a near-term boost to growth but also “will elevate the risks to the US and global economy,” and increase the size of those risks, the IMF said in its annual review of the US economy.