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Lagarde To G20 Leaders: Your Trade Wars Are Going To Derail The Entire Global Economy

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The IMF's Christine Lagarde wants G20 leaders to just relax. According to Reuters, the Managing Director of the International Monetary Fund wants trade tensions to de-escalate. She also wants to see the tit-for-tat tariff hikes between the US, China, and other nations reversed. In a statement issued at the end of the G20 summit in Buenos Aires, Lagarde warned such disputes risked slowing global growth. Pressures on emerging markets have been rising and trade tensions have begun to have a negative impact, increasing downside risks.

Added on the 01/12/2018 17:59:59 - Copyright : Wochit

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