chief christine legarde calls the china u.s. strike tensions the threat to the world economy the donald trump threatened press terrified on monday and the u.s. delegation says trade talks went quote substantially backwards. this is business. welcome. head of the international monetary fund has been urging the united states and china to set aside their differences on trade in the god made the comments in paris at a gathering. of ministers in france washington is accusing beijing of backsliding on its commitment to head off an expected trade deal this week slapping new tariffs on chinese goods just as a trade deal looked likely more uncertainty markets were bullied by news that a chinese delegation would be headed to washington for a final round of trade talks but then the u.s. side revealed why president trump had increased tariffs on billions of dollars worth of chinese goods accusing beijing of bad faith for the stewards of the world economy the stakes could not be higher in paris i.m.f. chief christine legarde issued a stark w

and china to set aside their differences on trade christine legarde the head of the i.m.f. won't in paris quote clearly the tensions between the united states and china are deep threat for the world economy and u.s. president joe did markets at the beginning of this week when he threatened the tag of already imposed on two hundred billion dollars in chinese exports the u.s. would more than double this friday to twenty five percent of the current level of ten percent. on this story i haven't needed a business china analyst kiffin couldn't welcome to foot the why is christine legarde so wanted is this a real crisis in attempts to design the trade dispute between the u.s. and china i think will be hard for the last few months has been the two biggest economies in the world the united states and china slugging it out between themselves and the fallout has been in many other areas around the world not just the u.s. and china so i think with her intervention here it's not very surprising what she said but the fact that she's intervening it's just to show maybe a reminder too to t

chief christine legarde issued a stark warning she said clearly that tensions between the united states and china are the threat for the world economy and france's finance minister said the uncertainty could be felt around the world. global growth is slowing down on the first reason why global growth is slowing as the risk of trade war. commission is it would be a good one. and i want to reiterate that my main concern the main french and european concerns. remains the risk of a world trade conflict and war driven by the trade dispute between china and the united states as it is a worrying prospect then that this week will end not with a u.s. china trade deal but with new tariffs and tensions we have now talking to stefan legan is an economist from the university of sun gallants winston stefan why is christine lagarde so worried isn't this just donald trump playing hardball just for the sake of his local audience. well i think both is true of course donald trump is already laying the groundwork for his twenty twenty presidential election campaign but the reason christine lagarde another

chief christine legarde issued a stark warning she said clearly that tensions between the united states and china are the threat for the world economy and france's finance minister said the uncertainty could be felt around the world. global growth is slowing down the first reason why global growth is slowing as the risk of trade war. commission is it would be a good one and i want to reiterate that my main concern the main french and european concerns. remains the risk of a world trade conflict and war driven by the trade dispute between china and the united states it is a worrying prospect then that this week will end with a us china trade deal but with new tariffs and tensions. we're going to talk about this with an expert in a minute but first some other news the u.s. has warned india not storyteller it against washington's plans to end certain trade concessions for the south asian country indian officials are considering raising import duties on some u.s. goods if the white house proceeds with a plan to strap a scheme in place that allows indian goods worth about five point six bill

and china to set aside their differences on trade christine legarde the head of the i.m.f. issued the following warning clearly the tensions between the united states and china are the threat for the world economy markets remain shaken after washington announced plans to more than double tariffs already imposed on two hundred billion dollars in chinese exports the dow dropped more than five hundred points in tuesday trading. and our financial correspondent yes court is on wall street for us a difficult day on the markets but who's been hardest hit well pretty much all across the board at some point blue chips were down by as much as six hundred fifty points and for certain you have on one side all the big multinational companies who do quite some business was china among the biggest loser kater pillar or boeing just to name a few of but overall there is the sense and fear that if the trade mission good negotiations should fall apart that the global economy actually will be heard so also companies that do not do it direct business with china but was other overseas markets ar

and china to set aside their differences on trade christine legarde the head of the i.m.f. warned in paris quote clearly the tensions between the united states and china are the threat for the world economy u.s. president on tom jones of markets at the beginning of this week when he threatened tariffs already imposed on two hundred billion dollars in chinese exports to the u.s. would would more than double this friday from twenty five percent from the current levels ten percent. the u.s. has warned india not to retaliate against washington's plans to end certain trays trade concessions for the south asian country indian officials are considering raising import duties on some u.s. goods if the white house proceeds with a plan to scrap a scheme in place that allows indian goods worth about five point six billion dollars to be imported duty free the proposal announced in march came off the president trump repeatedly called on india to reduce trade barriers but the plans and preferential trade with india has also faced a backlash within washington. the turks their eyes nose div

fund itself then you are the boss of human resources at the head of this organization of course christine legarde also a woman but what about throughout the organization is it 5050 between men and women 5050 is actually where we are right now institution wide at the leadership level but we're making really good progress i'm very happy to say that right now we have exceeded the target that we set for 2024 women in leadership positions that target was 30 percent and we have exceeded. called us self-proclaimed said by regulators that's what it often takes nowadays to help women break through the glass ceiling however there are places in the world that are under 100 percent female leadership like in west sumatra which is home of the ethnic group women call the shots there let's take a look at the largest metro lineal society in the world. she's the boss. so is she. and so is she. among the mean and kaberle people of sumatra the women are in charge but i'm wondering what. about women are strong because in our tradition and culture they hold a strategic position but now while their leaders the moral gu

government too much power i don't know where the run into christine legarde recently the famously convicted previously convicted of corruption in a french court head of the i.m.f. but i mean when you meet people like that they don't seem nearly as concerned as you do and they seem relatively sanguine about the world order of the world financial architecture bureaucrats the way you make it in that world issue you rouse up their academia or bureaucracy and you do what you're supposed to do you do what everybody else is does you accept the conventional wisdom and then all of a sudden you look around and the whole world is changed and you don't know what happened for goodness sakes if you're good and you heard lies from government bureaucrats and politicians and academics oh my goodness you're going to have real problems i'm not.

government too much power i don't know what the run into christine legarde recently the famously convicted previously convicted of corruption in a french court head of the i.m.f. but i mean when you meet people like that they don't seem nearly as concerned as you do and they seem relatively sanguine about the world order of the world financial architecture bureaucrats the way you make it in that world is you you rouse up to academia or bureaucracy and you do what you're supposed to do you do what everybody else is does you accept the conventional wisdom and then all of a sudden you look around and the whole world is changed and you don't know what happened for goodness sakes if you're good and you heard lies from government bureaucrats and politicians and academics oh my goodness you're going to have real problems i'm not sure how many countries the united states currently sanctions but do you really think the united states might sanction turkey a nato ally turkey because it's now threatening turkey after it's obviously been threatening recently more venezuela are on iran one who knows who