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BackEconomist Ricardo Reis Reportedly Dropped from IMF Chief Economist Role Over Trump Tariff Criticism
Economist Ricardo Reis Reportedly Dropped from IMF Chief Economist Role Over Trump Tariff Criticism
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Euronews Business1 hour agoBusiness1 min read

Economist Ricardo Reis Reportedly Dropped from IMF Chief Economist Role Over Trump Tariff Criticism

Portuguese economist Ricardo Reis was allegedly removed from consideration after warning against US trade policy under Donald Trump.

Quick Look

Portuguese economist Ricardo Reis was reportedly dropped from the race for IMF chief economist after criticizing Donald Trump's tariffs, with Silvana Tenreyro ultimately appointed to the role.

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Why It Matters

Ricardo Reis warned that tariffs could drive up US prices and inflation. Silvana Tenreyro was eventually appointed to the IMF post in July.

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Portuguese economist Ricardo Reis is reported to have been removed from the race for the post of chief economist at the International Monetary Fund (IMF) after criticising Donald Trump’s tariffs.

According to the Financial Times (source in Portuguese), which cites three anonymous sources, Ricardo Reis had been lined up for the role, but the IMF is said to have backed away after learning of the economist’s views on US trade policy.

Ricardo Reis, a professor at the London School of Economics, had warned that the tariffs could push up prices in the United States and trigger a new wave of inflation.

Meanwhile, in July, the IMF eventually appointed Silvana Tenreyro to the post, a former Bank of England policymaker and professor at the London School of Economics.

According to sources quoted by the British newspaper, Silvana Tenreyro also believes that tariffs hold back economic growth, but is thought to have been less critical of the Trump administration than the Portuguese academic.

Ricardo Reis declined to comment on the story or make any statements to the Financial Times.

The case comes against a backdrop of pressure from the Trump administration on economists who are critical of US tariffs.

Open Questions

  • Did the Trump administration directly intervene in the IMF appointment?

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This article was originally published by Euronews Business.

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