IMF Lagarde urges G-20 members to reduce tariffs, trade barriers

Monetary Fund managing director Christine Lagarde on Saturday urged G-20 policymakers to reduce tariffs and other obstacles to trade, warning that the global economy had hit a "rough patch" due to the trade conflict.[OSAKA] International Monetary Fund managing director Christine Lagarde on Saturday urged G-20 policymakers to reduce tariffs and other obstacles to trade, warning that the global economy had hit a"rough patch" due to the trade conflict.

"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," Ms Lagarde said in a statement issued upon conclusion of the Group of 20 summit in Osaka, western Japan.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump, Xi hold high-stakes trade war talks at G-20 in Japan[OSAKA] US President Donald Trump said on Saturday he was open to a potentially 'historic' trade deal with Chinese President Xi Jinping, as they began talks that could ease tensions or plunge the world's two largest economies into a deeper trade war. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Ghosn's wife steps up call for G-20 leaders to help her husband[TOKYO] The wife of ousted Nissan Chairman Carlos Ghosn has again called on world leaders, who have gathered in Japan for a G-20 summit, to help raise the issue of her husband's treatment in the country where he is facing financial misconduct charges. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »