Lemanik

21-04-2017

IMF can cooperate with Trump to improve global trade: Lagarde

International Monetary Fund Managing Director Christine Lagarde said she believes the IMF can work with the Trump administration to improve the global trading system, but cautioned against jeopardizing open trade as a growth engine. Lagarde told that the IMF saw the need to reduce subsidies and other trade distortions that limit competition, but also said "protectionist measures" needed to be avoided. REUTERS