IMF's Lagarde Warns Against Trade Tensions Threatening Global Economy

With US-China frictions hanging over its annual meeting, the International Monetary Fund on Thursday warned governments to avoid harming trade and investment, which have been key drivers of the global economic recovery. IMF chief Christine Lagarde said escalating trade tensions could reverberate through the world economy, undermining confidence and choking off investment, urging the resolution of the disputes through dialogue. “Investment and trade are two key engines that are finally picking up.

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