IMF upgrades global growth forecast as weaker dollar aids world economy
Fund says fall of US currency has helped lessen effect of Donald Trump’s tariffs
Fund says fall of US currency has helped lessen effect of Donald Trump’s tariffs

Trump’s tariffs have not led to the kind of retaliatory action many expected

Trump’s tariff war brings with it unpredictability and a consequent loss of confidence

Damage caused by US tariffs has so far been muted but that won’t last

US president’s latest ‘reciprocal’ levies hit many countries that had struck deals with Washington

Data meanwhile shows deflationary pressures easing in world’s second-largest economy

Currency has weakened more than 10 per cent this year as concerns grow about US economy