President Donald Trump often seems to be caught between his ideological desire to rewrite America’s trade relationship with China and a businessman’s instinct to cut a deal.

The global economy is strengthening but faces threats from super-low inflation and outflows of capital from emerging economies, the International Monetary Fund warned.

THE IMF’s $384 billion (€283.5bn) lending chest may not be enough to meet all loan requests if the global economy worsens,managing director Christine Lagarde said.