IMF’s Lagarde: Restart of US-China trade talks is a welcome news

Dhwani Mehta FXStreet

In a statement issued upon conclusion of the Group of 20 (G 20) Summit in Osaka, Japan, the International Monetary Fund (IMF) Managing Director (MD) Lagarde urged the G20 leaders to do away with protectionism.

Lagarde said: “While the resumption of trade talks between the United States and China is welcome, tariffs already implemented are holding back the global economy, and unresolved issues carry a great deal of uncertainty about the future.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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