“To mitigate these risks, I emphasised that the first priority should be to resolve the current trade tensions, including eliminating existing tariffs and avoiding new ones,” she said, adding that work is also needed to modernise the international trade system.
“This would be the best way for policymakers to give more certainty and confidence to their economies and to help, not hinder, global growth,” said Lagarde, who took part in the G20 finance leaders’ gathering in Fukuoka, southern Japan.
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