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IMF’s Lagarde warns of “growing concerns” over trade tensions

Published on June 12, 2019

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, warned in a blog post. Wednesday of “growing concerns” over the impact of current trade tensions on global growth, urging the removal of existing trade barriers and restraint in erecting new ones. In an article titled, “How to Help, Not Hinder Global Growth,” Lagarde highlighted the current global trade tensions, which she said “are looming larger.” “Most importantly, there are growing concerns over the impact of the current trade tensions,” the IMF chief said, adding that the most recent U.S.-China tariffs risk further reducing investment, productivity and growth. Read more. Source | New Times

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