Multilateral banks must raise the alarm on Trump's actions more clearly

South China Morning Post

2 days ago

With a few honourable exceptions, such as in the cases of Japan and China, political and business leaders seem
desperate to appease US President Donald Trump over his many trade demands. More worrying is that multilateral financial institutions also seem to be running scared of his bullying tactics.
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From the International Monetary Fund (IMF) and the World Bank downwards – or perhaps 'outwards' would be a better term – these institutions appear to be falling down on the job when it comes to alerting the world to
the dangers of Trumponomics
Yet while the impact of the tariffs is almost universal, the global family of multilateral institutions is not raising the alarm clearly enough.
In the case of the IMF, the World Bank and the Inter-American Development Bank, the fact that they have their headquarters in Washington – just a stone's throw away from the White House – might help explain their apparent reluctance to be more critical. However, that is by no means the whole story.
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