(Stephen Jaffe/Imf Handout/EPA-EFE/REX/Shutterstock)The International Monetary Fund calls this a “delicate moment” for the global economy as many countries are in the midst of a slowdown. Resolving President Trump’s trade war and Brexit could go a long way toward preventing a deeper slowdown, the IMF said. This year, the IMF expects 70 percent of the global economy to experience a slowdown. The global economy has “lost further momentum” since January, said IMF Managing Director Christine Lagarde on Tuesday. That leaves Trump’s tariffs and Brexit as the major factors weighing on the world economy, the IMF said.

Source: Washington Post April 03, 2019 14:29 UTC