IMF advises Asia to reduce tariffs amid shifting global trade dynamics

The International Monetary Fund urged Asian nations to lower trade barriers to counter rising U.S. tariffs and safeguard supply chains. Its latest regional outlook projected Asia’s 2025 GDP growth at 4.5%, slightly below 2024’s 4.6%. The IMF emphasized regional integration and stronger intra-Asian trade partnerships to mitigate global demand shocks. Economists noted the call highlights Asia’s role as a stabilizer in global recovery, while urging policy reforms to enhance investment flows and resilience against trade disruptions.