The International Monetary Fund (IMF) has warned of global economic uncertainty due to trade tensions but stopped short of predicting a worldwide recession. Global share prices have dropped amid escalating trade tensions, with the IMF projecting notable markdowns in growth but not a recession. The IMF's outlook contrasts with predictions of a global recession as firms cut spending and countries respond to tariffs. The IMF called for countries to address internal issues to secure a more balanced and resilient world economy.