US Urges IMF to Better Police External Imbalances

Trade tensions between the United States and China, which threaten to spill over into the global economy, have dominated the spring meetings of the International Monetary Fund. Official after official has called for disputes to be resolved through dialogue rather than unilateral tariffs, and warned about the threat to the economic recovery. French Economy Minister Bruno Le Maire criticized what he called a "vain and pointless" spat with China. "We run the risk of trade war.

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