AFP: IMF's Lagarde warns trade wars create 'losers on both sides'14 June 2018 | 20:38 | FOCUS News Agency
If there is tit-for-tat retaliation from US trading partners, which they have threatened, there will be "losers on both sides," Lagarde told reporters.
And that outcome would have a "serious" economic impact on the US and global economies, she said, including by causing inflation to accelerate.
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