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Trump policies In producing this forecast, the IMF's economists have made some assumptions about the policies Donald Trump's administration will pursue, and they expect tax cuts and spending to boost the US economy. The IMF now expects the US economy to grow by 2.3% this year, up from a previous estimate of 2.2%, while the forecast for 2018 has been raised to 2.5% from 2.1%. In a statement, IMF chief economist Maurice Obstfeld cited Donald Trump's proposed tax cut and spending plans as an upside for growth. However, he added there was "a wider than usual range of upside and downside risks

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