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
growth is slowing down and the first reason why global growth is slowing is the risk of trade war two of these could do commission is it would be a good one. and i want to reiterate that my main concern the main french and european concerns. remains the risk of a world trade conflict and war driven by the trade dispute between china and the united states it is a worrying prospect then that this week will end up with a us china trade deal but with new tariffs and tensions we have now talking to stefan legan is an economist from the university of sun. why is christine so worried isn t this just donald trump playing hardball just for the sake of his local audience. well i think both is true of course donald trump is already laying the groundwork for his twenty twenty presidential election campaign
and by negotiating what kind of industry to standards they want to promote that way the commission says the car makers prevented innovation and that s how they formed a cuttle now margaret vest the commission s competition chief she says that this might be stretching the notion of cartel law a little that of course this doesn t fit with the traditional description of price cartels still she says this was a cartel and that s why the card makers have to pay that fine. fines poles are also being fined also billion euros so far a german comic has had to pay big fines and settlements in the u.s. is now pay day in europe. certainly looks like it and quite obviously you know state attorneys here in germany and also other legal institutions in europe have taken much more time than the americans to find out that there actually