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US-China trade war threat to world economy, must be resolved: IMF's Lagarde

For us at the IMF, it's imperative that trade tensions are resolved in a way satisfying for everyone, Christine Lagarde said

Christine Lagarde
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Lagarde was speaking on the sidelines of a conference at France's finance ministry

Agencies Paris
The head of the IMF said on Tuesday that fresh trade tensions between the US and China were the main threat to the world economy.

“Clearly the tensions between the US and China are the threat for the world economy,” Christine Lagarde told journalists at a conference in Paris. Also speaking at the Paris Forum event, French Economy Minister Bruno Le Maire warned about the impact of a trade war between the world's two biggest economies.

“We are following the current negotiations very closely between China and the United Staters and we want them to respect the principals of transparency and multilateralism,”