IMF Warns: U.S.-China Trade Tensions Increase Risk of Unintended Consequences

International Monetary Fund: Escalation of U.S.-China Trade Tensions Increases the Risk of Accidental Consequences

The International Monetary Fund said that the trade tensions between the United States and China are increasing the risk of accidental consequences.

"The obvious increase in risks of accidental consequences as a result of the Sino-U.S. trade tensions is stated in the report released by the organization on the 14th," it said.

The organization emphasized that the tariffs imposed by Washington and Beijing have also had a significant impact on the stock prices of Chinese and American companies.

The International Monetary Fund pointed out, "The rise in geopolitical risks, manifested as actual or potential restrictions on cross-border trade and financial transactions or military conflicts, may trigger reallocation of capital flows and lead to sharp adjustments in asset prices."

Original article: https://www.toutiao.com/article/1829380300040330/

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