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WorldPosted at: Jul 17 2018 3:36PM


IMF sees trade rows as 'threat' to global growth

Washington, July17 (UNI) The International Monetary Fund has warned that rising trade disputes between the United States and its trading partners could pose a "threat" to global growth.
Expressing concern about the outlook of global economic growth, IMF chief economist Maurice Obstfeld said that amid escalating tensions over international trade, "the broad global expansion that began roughly two years ago has plateaued and become less balanced."
"The risk that current trade tensions escalate further -- with adverse effects on confidence, asset prices and investment -- is the greatest near-term threat to global growth," Obstfeld said.
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