The world’s top banker said Thursday that the policies advocated by Donald Trump could strike a major blow to the world economy. In an interview with the Financial Times, International Monetary Fund managing director Christine Lagarde said Britain’s vote last month to leave the European Union already threatens to stymie economic growth. And the sorts of tariffs and trade barriers pushed by the presumptive Republican presidential nominee ― including pledges to shred major trade pacts, like the North American Free Trade Agreement ― would make things much worse. “I think it would be quite disastrous actually,” Lagarde told the Times. …read more
Source: The Huffington Post
