Overseas Headlines – January 19, 2026

January 19, 2026

 

United States:  

IMF Warns AI, Trade Pose Risks to Solid Global Growth Outlook

 

The International Monetary Fund slightly raised its outlook for global growth this year, but it warned that concerns about an artificial intelligence bubble as well as trade and geopolitical tensions remain risks to the world economy.

 

The Washington-based lender now expects global growth of 3.3% this year, up from the 3.1% predicted in October, according to the World Economic Outlook report published Monday.

 

https://www.bloomberg.com/news/articles/2026-01-19/imf-warns-ai-trade-pose-risks-to-solid-global-growth-outlook?srnd=phx-economics-v2

 

 

Europe:

EU Eyes Tariffs on €93 Billion of US Goods Over Threat

 

The European Union is in talks to potentially impose tariffs on €93 billion ($108 billion) of US goods if President Donald Trump follows through on his threat to hit European countries with a 10% levy on Feb. 1.

 

The EU is also weighing additional countermeasures beyond the tariffs but will first try to find a diplomatic solution, according to people familiar with the discussions.

 

https://www.bloomberg.com/news/articles/2026-01-19/eu-eyes-tariffs-on-93-billion-of-us-goods-over-new-trump-threat?srnd=phx-economics-v2

 

Asia:

Chinese Exports Give Biggest Growth Boost to Economy Since 1997

 

China relied on exports to drive economic growth to a degree unseen since the Asian financial crisis nearly three decades ago, in a demonstration of strength that allowed it to ride out the trade war started by Donald Trump.

 

Net exports of goods and services added almost 33% to last year’s expansion in China’s gross domestic product, Kang Yi, head of the nation’s statistics bureau, said at a press briefing Monday.

 

https://www.bloomberg.com/news/articles/2026-01-19/chinese-exports-give-biggest-growth-boost-to-economy-since-1997?srnd=phx-economics-v2

 

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