The IMF warns about risks to the US dollar's global role

The International Monetary Fund (IMF) is reportedly preparing for a potential global shift away from the US dollar. This comes amid warnings from a former IMF director that the US itself is the main threat to its own currency's dominance.

Some reports link this financial risk to trade tensions, with the IMF cautioning against a cycle of retaliatory tariffs between Europe and the US. The situation has led to criticism that the IMF's formal language is downplaying a potential economic crisis.