IMF's Lagarde: Trump good for US in the short term, but less so for world trade

There has been a qualified endorsement for US President Donald Trump from the head of the International Monetary Fund

There has been a qualified endorsement for US President Donald Trump from the head of the International Monetary Fund. Speaking at the World Government Summit in Dubai, Christine Lagarde expressed concerns about his proposed rolling back of the regulation of US banks and she defended globalisation against the new president’s protectionist rhetoric.

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