For Lagarde, tensions between the United States and China threaten the global economy

The IMF Managing Director Christine Lagarde, warned Tuesday, May 7 that trade tensions between China and the United States are a "threat to the global economy" and regretted that the recent "rumors and tweets" are not in favor of an agreement.

"It is clear that the tensions between the United States and China pose a threat to the global economy," the IMF director told reporters after her speech at the IMF. Paris Forum on Debt developing countries.

"We had the impression that this threat was fading, "Relations have improved and we are moving towards an agreement" between Beijing and Washington, said Lagarde, who added that he hoped "that this will continue, but that rumors, tweets and comments are not very favorable, "added the fund manager. International currency

Trump raises tariffs in China: how can it hit the markets and Argentina

China and the United States will resume their complex negotiations commercial this week in Washington. The Chinese negotiator Liu He will visit the US capital Thursday and Friday, said Tuesday the Chinese Minister of Commerce. The conclusion of these negotiations was uncertain after Trump's announcement on Sunday increase tariffs on Chinese import products for 200 billion dollars starting May 10th.

"For 10 months, China has paid 25% of US tariffs for 50,000 million dollars in technology (goods), and 10% more than 200,000 millions of dollars worth of other goods, "Trump told Twitter. "The 10% will climb to 25% Friday," he said, justifying this measure by the fact that the negotiations "did not go fast enough".

For the past 10 months, China has been paying US tariffs of 25% on $ 50 billion of high-tech and 10% on $ 200 billion of other goods. These payments are partly responsible for our excellent economic results. The 10% will go up to 25% on Friday. 325 billion dollars ….

– Donald J. Trump (@realDonaldTrump) May 5, 2019

His government also warned that he would not agree to an agreement with China unfavorable to the interests of his country and that the negotiations could not last forever.

At the same time, these negative indices could affect emerging markets and in particular Argentina and Brazil for the so-called "flight to safety" (escape to safe land), that is capital cities selling emerging market bonds to return to safer investments. In both cases, the price of the dollar should be affected, which is a source of particular concern for our country in the midst of the economic and currency crisis.

D.S./D.R./F.F.