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IMF warns wave of U.S. protectionism would offset any stimulus gains
January 20, 2017 / 10:34 AM / in 9 months

IMF warns wave of U.S. protectionism would offset any stimulus gains

DAVOS, Switzerland (Reuters) - Protectionist policies from the new U.S. administration of President Donald Trump will probably have a negative impact on the economy, overshadowing any positive gains from economic stimulus measures, the head of the IMF said on Friday.

Christine Lagarde, Managing Director, International Monetary Fund (IMF) attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland January 18, 2017. REUTERS/Ruben Sprich

“Overall, it probably won’t be net positive,” managing director Christine Lagarde told a panel at the World Economic Forum in Davos.

Reporting by Noah Barkin and Dmitry Zhdannikov

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