Tuesday, 23 Apr 2024

Trade tensions could cut Asia's economic growth by 0.5 pct points – IMF

BEIJING, March 26 (Reuters) – Trade tensions between the U.S. and China have caused huge amounts of economic uncertainty and could cut Asia’s economic growth by 0.5 percentage point, a senior International Monetary Fund official said on Tuesday.

Zhang Tao, deputy managing director at the IMF, made the comments at the Boao Forum. (Reporting by Kevin Yao and Beijing Monitoring Desk; Editing by Kim Coghill)

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