WASHINGTON – U.S. President Donald Trump’s push for sweeping tariffs is creating great uncertainty and denting confidence but is not likely to trigger a near-term recession, International Monetary Fund Managing Director Kristalina Georgieva said on Monday.

“We are not seeing a dramatic impact” yet from the tariffs implemented and threatened so far by Trump since his return to the White House, Georgieva said in a Reuters NEXT Newsmaker interview. The IMF will likely slightly lower the economic outlook in its next World Economic Outlook update in about three weeks, but “we don’t see recession on the horizon.”

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