Portuguese economist Ricardo Reis was withdrawn from the race to lead the International Monetary Fund's economic research department. According to the Financial Times, Reis was among the leading candidates for the position of IMF research director.
The reason given for Reis's withdrawal is believed to be his criticism of the tariffs imposed by Donald Trump's administration. This position is believed to have weighed on the decision to remove him from the list of candidates for the position.
Ricardo Reis is a prestigious international economist, with academic ties to the London School of Economics. His possible nomination had been seen as a significant choice to lead the IMF's research area.
This case arises at a time when relations between the IMF and the Trump administration's trade policy have become particularly sensitive, given the impact of American tariffs on the global economy.
