IMF chief urges countries to move ‘swiftly’ to resolve trade tensions

International Monetary Fund managing director Kristalina Georgieva said countries must move ‘swiftly’ to resolve trade disputes (Jose Luis Magana/AP)

The head of the International Monetary Fund (IMF) urged countries to move “swiftly” to resolve trade disputes that threaten global economic growth.

IMF managing director Kristalina Georgieva said the unpredictability arising from US President Donald Trump’s aggressive campaign of taxes on foreign imports is causing companies to delay investments and consumers to hold off on spending.