mo4ch:>IMF chief warns US-China trade spat poses ‘threat’ to world economy | Mo4ch News

Renewed trade tensions between the world’s two biggest economies, China and the US, are a threat to the global economy, head of the International Monetary Fund (IMF) Christine Lagarde says.“For us at the IMF it’s imperative that trade tensions are resolved in a way satisfying for everyone because clearly tensions between the United States and China are the threat to the global economy,” Lagarde told journalists on the sidelines of a conference at France’s Finance Ministry.Also on rt.comOil prices tumble over Washington’s sharp rhetoric against China & IranThe IMF chief stressed that the latest “rumors and tweets” are not conducive to any agreement. According to Lagarde, it’s vital for the parties to eliminate the current uncertainty over the issue, and move to “adoption of a clear legal and regulatory framework,” allowing the affected corporations to keep doing business.The warning comes shortly after the ongoing spat between Beijing and Washington entered a new stage as the US Pr…