Forseen the god made the comments in paris at a gathering. Of ministers in france washington is accusing beijing of backsliding on its commitment to head off an expected trade deal this week slapping new tariffs on chinese goods just as a trade deal looked likely more uncertainty markets were bullied by news that a chinese delegation would be headed To Washington for a final round of trade talks but then the u. S. Side revealed why President Trump had increased tariffs on billions of dollars worth of chinese goods accusing beijing of bad faith for the stewards of the World Economy the stakes could not be higher in paris i. M. F. Chief christine like out issued a stark warning she said clearly that tensions between the United States and china are the threat for the World Economy and frances Finance Minister said the uncertainty could be felt around the world. Global
growth is slowing down and the first reason why Global Growth is slowing is the risk of Trade War Two of these could do co
The head of the International Monetary fund has been urging the United States and china to set aside their differences on trade was in the god made the comments in paris at a gathering. Of ministers in france washington is accusing beijing of backsliding on its commitment to head off an expected trade deal this week slapping new tariffs on chinese goods just as a trade deal looked likely more uncertainty markets were bullied by news that a chinese delegation would be headed To Washington for a final round of trade talks but then the u. S. Side revealed why President Trump had increased tariffs on billions of Dollars Worth of chinese goods accusing beijing of bad faith for the stewards of the World Economy the stakes could not be higher in paris i. M. F. Chief Christine Legarde issued a stark warning she said clearly that tensions between the United States and china are the threat for the World Economy and frances Finance Minister said the
uncertainty could be felt around the world. Glo
This is business. As. The head of the International Monetary fund has been urging the United States and china to set aside their differences on trade was in the god made the comments in paris at a gathering. Of ministers in france washington is accusing beijing of backsliding on its commitment to head off than expected trade deal this week slapping new tariffs on chinese goods just as a trade deal looked likely more uncertainty markets were employed by news that a chinese delegation would be headed To Washington for a final round of trade talks but then the u. S. Side revealed why President Trump had increased tariffs on billions of Dollars Worth of chinese goods accusing beijing of bad faith for the stewards of the World Economy the stakes could not be higher in paris i. M. F. Chief Christine Legarde issued a stark warning she said clearly that tensions between the United States and china
are the threat for the World Economy and frances Finance Minister said the uncertainty could be f
of course donald trump is already laying the groundwork for his twenty twenty presidential election campaign but the reason christine lagarde another economists are concerned about the impact is so far everything we seen as an impact from this trade war or trade conflict has been in line with what we expected however the question the big question is what is the magnitude of the impact if that trade conflict escalates further and unfortunately or better fortunately we do not have an recent episode of something like that happening that is we do not have the data to clearly say what will happen if a country like the united states imposes tariffs on all of its imports from china and imposes tariffs of the magnitude of ten fifteen twenty five percent so we can
but the reason christine lagarde and other economists are concerned about the impact is so far everything we ve seen as an impact from this trade war or trade conflict has been in line with what we expected however the question the big question is what is the magnitude of the impact if that trade conflict escalates further and unfortunately or better fortunately we do not have an recent episode of something like that happening that is we do not have the data to clearly say what will happen if a country like the united states imposes tariffs on all of its imports from china and imposes terror of the magnitude of ten fifteen twenty five percent so we can simulate the fact in our models but there s a lot of uncertainty about whether or not these models properly reflect the impact of a major escalation of this trade war stephanie thank you very much. pick