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IMF's Lagarde Expects U.S. and China to Reach Trade Deal

Apr 30 , 2019

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.

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