International Monetary Fund Managing Director Christine Lagarde said on Monday she expects the United States and China to reach a deal to end their trade dispute, which has unnerved financial markets and cast a shadow over the global economy.
“I would say ‘Yes,’” Lagarde said at the Milken Institute Global Conference when asked whether talks between the world’s two largest economies would end in a deal.
Washington and Beijing have been engaged for the past year in a trade war marked by tariffs on billions of dollars in goods and threats of escalation. The talks are now at a critical point.
