国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

IMF says U.S. tariffs threaten rules-based global trading system

Source: Xinhua| 2018-06-15 16:30:22|Editor: Shi Yinglun
Video PlayerClose

WASHINGTON, June 14 (Xinhua) -- The Trump administration's new tariffs against imports threaten to undermine the rules-based global trading system and damage the global economy, the International Monetary Fund (IMF) said Thursday.

Those protectionist measures "are likely to move the globe further away from an open, fair and rules-based trade system, with adverse effects for both the U.S. economy and for trading partners," the IMF said in a report after concluding the Article IV consultation with U.S. authorities, an annual check-up of economic policies between the IMF and its member countries.

The IMF said the tariffs imposed or proposed by the Trump administration also risk "catalyzing a cycle of retaliatory responses from others, creating important uncertainties that are likely to discourage investment at home and abroad."

Meanwhile, it could interrupt global supply chains and damage a range of countries as well as the operations of U.S. multinational companies, said the Washington-based international lender.

The IMF's warnings came after the Trump administration unilaterally imposed high tariffs on steel and aluminum imports on the grounds of national security, which had drawn strong opposition from the domestic business community and major U.S. trading partners.

"Unilateral trade actions can be disruptive and may even prove counterproductive to the functioning of the global economy and trading system," IMF's Managing Director Christine Lagarde said Thursday at a press conference.

"As I have said before, in a so-called trade war, driven by reciprocal increases of import tariffs, nobody wins," she said. "Let us not understate the macroeconomic impact."

The IMF chief urged the Trump administration to work constructively with other trading partners to address trade and investment disputes.

"We, therefore, encourage the U.S. to work constructively with its trading partners to resolve trade and investment disagreements without resorting to the imposition of tariff and non-tariff barriers," she said.

Related:

IMF says U.S. trade, fiscal policies could undermine global economy

WASHINGTON, June 14 (Xinhua) -- U.S. President Donald Trump's trade and fiscal policies are likely to increase the risks to the U.S. and global economy, the International Monetary Fund (IMF) said Thursday.? Full story

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001372563341
主站蜘蛛池模板: 龙陵县| 井冈山市| 三门峡市| 宜州市| 越西县| 平乡县| 东源县| 长垣县| 罗源县| 大安市| 彭水| 奉节县| 浮山县| 马边| 壤塘县| 忻城县| 塔河县| 米林县| 新野县| 裕民县| 孝感市| 博野县| 海原县| 全椒县| 南宁市| 钟祥市| 图木舒克市| 洛扎县| 疏附县| 房产| 金阳县| 靖宇县| 青州市| 河间市| 股票| 华阴市| 汝州市| 鄯善县| 于田县| 白玉县| 南投县|