May 7, 2019 / 8:14 AM / 2 months ago

IMF's Lagarde: it is imperative to resolve U.S.-China trade tensions

FILE PHOTO: International Monetary Fund (IMF) Managing Director Christine Lagarde attends a thematic forum of the second Belt and Road Forum for international cooperation in Beijing, China, April 25, 2019. REUTERS/Jason Lee

PARIS (Reuters) - International Monetary Fund (IMF) head Christine Lagarde said on Tuesday that China and the United States must resolve their trade tensions because they threaten the global economy.

“For us at the IMF, it’s imperative that trade tensions are resolved in a way satisfying for everyone because clearly tensions between the United States and China are the threat to the global economy,” said Lagarde, on the sidelines of a conference at France’s finance ministry.

Reporting by Myriam Rivet; Writing by Leigh Thomas; Editing by Sudip Kar-Gupta

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