{"id":16960,"date":"2025-10-14T08:35:48","date_gmt":"2025-10-14T08:35:48","guid":{"rendered":"https:\/\/topat10.com\/?p=16960"},"modified":"2025-10-14T08:35:48","modified_gmt":"2025-10-14T08:35:48","slug":"imf-chief-kristalina-georgieva-dismisses-impact-of-trump-trade-war-trade-is-like-water-you-put-in-an-obstacle-it-goes-around-it","status":"publish","type":"post","link":"https:\/\/topat10.com\/?p=16960","title":{"rendered":"IMF chief Kristalina Georgieva dismisses impact of Trump trade war: \u2018Trade is like water, you put in an obstacle, it goes around it\u2019"},"content":{"rendered":"\n
\n

The escalating trade clash between the U.S. and China has investors on edge<\/a>, fearing it could mark the beginning of the end for global cooperation as we know it. On Friday, President Donald Trump called China\u2019s new export controls<\/a> \u201cextraordinarily aggressive\u201d and \u201chostile\u201d; he threatened a retaliatory 100% tariff. (He later sought to deescalate the situation<\/a>, calming U.S. markets.)<\/p>\n

\n

For Kristalina Georgieva, head of the International Monetary Fund, it\u2019s just another day in the office. Speaking at Fortune<\/em>\u2019s Most Powerful Women 2025 summit<\/a> in Washington, D.C., she downplayed any fears of a trade war.<\/p>\n

\u201cFrankly, this thing that trade is dead is completely overstated,\u201d Georgieva told Fortune<\/em>\u2019s Diane Brady<\/a>. \u201cTrade is like water. You put [up an] obstacle, it goes around it.\u201d<\/p>\n

And while Georgieva recognizes the world is becoming \u201cfoggier\u201d and full of uncertainty, one of the biggest challenges comes from getting buy-in that cooperation is better than division: \u201cWe are in this one big boat. It is a rough sea. We better row together.\u201d<\/p>\n

Luckily, many countries already subscribe to this philosophy. She pointed out that following the onset of U.S. tariffs<\/a> earlier this year, 188 out of the IMF\u2019s 191 member states did not choose to retaliate. Instead, they\u2019ve turned to regional partners for trade. Southeast Asia and the Gulf region are two examples she cited.<\/p>\n

Even China has benefited from diversifying its trade portfolio<\/a>: overall exports rose 8.3% in September\u2014the highest total this year\u2014thanks to strong trade growth with the European Union. Chinese shipments to the U.S. fell 27% in September, marking half a year of double-digit trade declines, according to data released by the General Administration of Customs.\u00a0<\/p>\n

But for business leaders, there\u2019s a growing opportunity to be a grounding voice as long as they are willing to \u201cbuckle up,\u201d Georgieva added.<\/p>\n

\u201cGood news for the world. The private sector is more agile, more adaptable,\u201d she said. \u201cOver the last years, we have seen in many countries where there was [a] big state presence in the economy\u2014including because of IMF urging them to pull back\u2014more private sector initiative. And in this time of strong winds, [business leaders] are an anchor of stability because you adapt, you just keep doing it.\u201d<\/p>\n

For female business leaders, in particular, she reiterated the need to always be thinking about worst case scenarios\u2014and be ready to adapt to them.<\/p>\n

\u201cThink of the unthinkable so you\u2019re ready when the unthinkable comes,\u201d Georgieva said. \u201cBecause we know from COVID, we know from the war in Europe, it will come, and we women are so strong and resilient, and we can face it.\u201d<\/p>\n<\/div>\n

Fortune Global Forum<\/strong> returns Oct. 26\u201327, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.<\/a><\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

The escalating trade clash between the U.S. and China has investors on edge, fearing it could mark the beginning of the end for global cooperation as we know it. On Friday, President Donald Trump called China\u2019s new export controls \u201cextraordinarily aggressive\u201d and \u201chostile\u201d; he threatened a retaliatory 100% tariff. (He later sought to deescalate the […]<\/p>\n","protected":false},"author":361,"featured_media":16961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[123],"tags":[],"class_list":["post-16960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nIMF chief Kristalina Georgieva dismisses impact of Trump trade war: \u2018Trade is like water, you put in an obstacle, it goes around it\u2019 | Unlock Informed Choices with Us<\/title>\n<meta name=\"description\" content=\"Kristalina Georgieva, managing director of the International Monetary Fund, says fears that \u201ctrade is dead\u201d are overblown.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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On Friday, President Donald Trump called China\u2019s new export controls \u201cextraordinarily aggressive\u201d and \u201chostile\u201d; he threatened a retaliatory 100% tariff. 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