{
Gita Gopinath

People

}
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german finance minister warns of trade war retaliation against us policies

German Finance Minister Christian Lindner warned of potential retaliation if the U.S. initiates a trade war with the EU, emphasizing that such conflicts yield no winners. He highlighted the growing importance of the U.S. as a trading partner for Germany and cautioned against escalating tensions, particularly in light of proposed tariffs that could harm the German economy. Lindner urged diplomatic efforts to prevent a trade conflict, noting that the real issue lies with U.S.-China trade relations.
CNBC
United States Dollar Chinese Yuan Euro Destatis Free Democratic Party International Monetary Fund FUND International Bank For Reconstruction And Development - World Bank Trust Funds Social Democratic Party USA DEU CHN Christian Lindner Gita Gopinath Janet Yellen Olaf Scholz Show more
Finance & Economy, News Article
17:55 25.10.2024

escalating us china trade tensions could harm global economy warns imf

Escalating trade tensions and tariffs between the U.S. and China could have significant global economic repercussions, according to IMF deputy managing director Gita Gopinath. She emphasized that increased protectionist measures would lower output, pressure inflation, and disrupt global supply chains, ultimately harming all parties involved. Maintaining strong U.S.-China relations is crucial for global economic stability, as unilateral actions threaten the rules-based trading system.
CNBC
United States Dollar Euro International Monetary Fund FUND Institute of International Finance USA CHN Kristalina Georgieva Gita Gopinath Tim Adams Karen Tso Show more
Finance & Economy, News Article
17:51 23.10.2024
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