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IMF warns wave of US protectionism would offset any stimulus gains

Overshadowing any positive gains from economic stimulus measures, says IMF chief

IMF warns wave of US protectionism would offset any stimulus gains

The International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the 2013 Spring Meeting of the International Monetary Fund and World Bank in Washington

Reuters Davos
Protectionist policies from the new US administration of President Donald Trump will probably have a negative impact on the economy, overshadowing any positive gains from economic stimulus measures, the head of the International Monetary Fund (IMF) said on Friday.

"Overall, it probably won't be net positive," Managing Director Christine Lagarde told a panel at the World Economic Forum in Davos.

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First Published: Jan 20 2017 | 4:15 PM IST

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