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Trade war WARNING: Global economy would take 'SIGNIFICANT hit' if tensions escalate

Trade war WARNING: Global economy would take 'SIGNIFICANT hit' if tensions escalate

Trade war WARNING: Global economy would take ‘SIGNIFICANT hit’ if tensions escalate

THE global economy “would take a significant hit” if the escalating trade war between the United States and China boils over, International Monetary Fund Managing Director Christine Lagarde said today. While noting the financial sector is still growing, Ms Lagarde warned that the economy may still not be strong enough to handle rising trade tensions.

Trade war WARNING: Global economy would take ‘SIGNIFICANT hit’ if tensions escalate

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