December 1, 2018 / 6:12 PM / 14 days ago

Lagarde warns G20 leaders that trade tensions threaten global economy

China's President Xi Jinping talks with International Monetary Fund (IMF) Managing Director Christine Lagarde after a family photo during the Asia Pacific Economic Cooperation (APEC) forum, in Port Moresby, Papua New Guinea, November 18, 2018. REUTERS/David Gray

BUENOS AIRES (Reuters) - International Monetary Fund Managing Director Christine Lagarde called on G20 leaders to urgently de-escalate trade tensions and reverse tariff hikes, warning that they risked slowing global growth.

“Pressures on emerging markets have been rising and trade tensions have begun to have a negative impact, increasing downside risks,” Lagarde said in a statement issued at the conclusion of the G20 summit in Buenos Aires.

Reporting by Cassandra Garrison, editing by Ross Colvin

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below