The trade war is weighing 'like a big, dark cloud' on the global economy, says Christine Lagarde [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
The trade war is weighing 'like a big, dark cloud' on the global economy, says Christine Lagarde For incoming European Central Bank President Christine Lagarde, the U.S.-China trade war is the biggest threat to the global economy. Lagarde, who has run the International Monetary Fund since 2011 and was selected in July to replace Mario Draghi from Nov. 1, said the tariffs that the U.S. and China have slapped on each other's goods are set to shave 0.8% off global economic growth in 2020. "That's a massive number," Lagarde said in an interview with CNBC's Trade negotiators from the U.S. and China are set to resume principle-level trade talks next month in Washington. The tit-for-tat tariff threats in the past year and a half have roiled financial markets and sparked concerns about a global recession. "The longer this lingers, the more uncertainty sinks in. And if you're an investor, if you're an enterprise, whether small, medium size or big, you're not going to invest, you're going to
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CMCSA
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- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website