At the upcoming meeting of the IMF and the World Bank on the agenda will be the issue of the US presidential policy implications of international trade relations. This information was announced by Domenico Lombardi at the International Center of innovation management.
Questions about Trump's politics much, it is the US president's plans to reduce trade deficits by restricting imports. What in the presidential administration said that in other countries there is a strict policy than in the US. Also, the IMF raises concerns and plans for the country's budget, namely changes in the tax reform, which can lead not only to an increase in financial risks, but also to raise public debt to new marks, which, in turn, will be reflected in the economic growth of the country.
At the same time, Cornell University professor Eswar Prasad noted that efforts and warnings Monetary Fund is unlikely to change the policy of the US administration. Earlier, he served as professor of Chinese head of the IMF's direction.
Kristin Lagard head of the IMF said that all parties and opinions in order to improve trade relations will be discussed at the upcoming meeting.
Based on materials WELTRADE
