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Trade tensions are just one of the three biggest challenges for the global economy, IMF says

April 20, 2018

Via: CNBC

While the “sun is still shining” on the global economy, clouds could be looming over the horizon, warned Tao Zhang, a deputy managing director for the International Monetary Fund.

Speaking with CNBC’s Joumanna Bercetche on Thursday, Zhang said there are currently three big challenges facing the global economy: tensions on the trade front, fiscal and financial risk, and the ongoing struggle to attain inclusive growth.

As trade tensions mount between the U.S. and China, Zhang said there are numerous models attempting to assess both the impacts of a potential trade war as well as the effectiveness of possible mitigation measures.

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