The International Monetary Fund (IMF) has warned about the potential risks of a global trade war, citing concerns that it could dent the global economy. According to IMF Deputy Managing Director Gita Gopinath, a broad-based trade war between major economies could lead to a loss of world GDP close to 7%, equivalent to the size of the combined French and German economies.

Source: https://www.wionews.com/business-economy/imf-warns-world-to-avoid-global-trade-war-as-it-could-dent-global-economy-770245