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
uncertainty could be felt around the world. global growth is slowing down on the first reason why global growth is slowing as the risk of trade war. 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 as it is a worrying prospect then that this week will end not with a u.s. china trade deal but with new tariffs and tensions we have now talking to stefan legan is an economist from the university of sun gallants winston stefan why is christine lagarde so worried isn t this just donald trump playing hardball just for the sake of his local audience. well i think both is true