IMF's Lagarde says America First pushing world into disasterStaff Writer | June 11, 2018
International Monetary Fund (IMF) chief Christine Lagarde led an attack by global economic organisations on US President Donald Trump's "America First" trade policy, warning that clouds over the global economy "are getting darker by the day".
World "The biggest and darkest cloud"
Lagarde unleashed a thinly-veiled attack on Trump's trade policy
In response, Lagarde unleashed a thinly-veiled attack on Trump's trade policy, saying challenges to the way trade is conducted were damaging business confidence, which had soured even since the weekend G7 summit.
...the clouds on the horizon that we have signaled about six months ago are getting darker by the day
"The biggest and darkest cloud that we see is the deterioration in confidence that is prompted by attempt to challenge the way in which trade has been conducted, in which relationships have been handled and in which multilateral organisations have been operating," Lagarde said. ■