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IMF relieved at US-China trade deal

IMF relieved at US-China trade deal

Web Desk..
 
US and China have recently signed a trade deal and that important step as IMF executive director Kristalina Georgieva says will help relieve some uncertainty that has hindered worldwide economic growth.
 
US President Donald Trump and China’s Vice Prime Minister Lue last week signed a Phase one trade pact to help de-escalate the bilateral tariff war.
 
Georgieva while addressing guests at the Peterson Institute for International Economics, Washington said, “We have some reduction of this uncertainty but it is not eliminated completely.”
 
Analysts say that the US-China trade deal has given a positive push to the stock markets into positive territory and provides an indication of investors’ confidence strengthening.

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