The United States criticized unequal trade practices that hindered the world economy

Trade ties between the United States and China have become the dominant theme of the International Monetary Fund (IMF) Spring Conference and the World Bank (WB) in Washington.

Financial officials have called for settlement of trade disputes by way of dialogue on April 20 instead of unilaterally imposing taxes and warning of the threat to the increase. global leader.
Speaking on the sidelines of the summit, French economic and financial secretary Bruno Le Maire said the world was facing the threat of a trade war and the possibility of a collapse of the multilateral order threatening the economy. growth and global growth. He criticized Washington's trade strategy and declared France would not be involved in a "meaningless" dispute with China.
Although China agrees to respect the principles, Minister Le Maire emphasized that the country is a key component of the world trading system. "We have to redefine international trade with China, rather than against China," he said. However, US Treasury Secretary Steven Mnuchin said the mistake lies with those countries that apply unfair trade policies. In his statement, the top US financial official, Donald Trump, said: "We are fully confident that unequal global trading practices hinder America's stronger growth. and the world, is an obstacle to the global economy. "
While IMF Managing Director Christine Lagarde called for the institution to be used as a forum for resolving differences, Mnuchin said the IMF "should be a strong voice" to urge members to " barriers to trade and non-canon, as well as protection of intellectual property rights. "
The stealing of US technology and intellectual property has become a key factor in the country's disagreements and conflicts, prompting US President Donald Trump to issue new tariffs. Hit on imports from China worth tens of billions of dollars. Both Washington and Beijing filed a complaint with the World Trade Organization.
Earlier, WTO chief Roberto Azevedo warned that the escalation of trade disputes between the United States and China could "derail" the global economic recovery, threatening economic expansion and pushing economic growth. Many jobs are at risk of serious injury.
Meanwhile, IMF chief Lagarde also stressed trade tensions as a major threat to the global recovery momentum. She argues that trade disputes will undermine confidence and create turmoil, threatening investment, which is a key driver of global recovery.
The United States and China have repeatedly introduced a confrontational tax policy that has raised concerns about a trade war. Washington has announced a list of imported goods from China totaling about $ 50 billion will be subject to higher import tariffs. Beijing also responded with a list of key US exports, such as soybeans, automobiles and light aircraft totaling about $ 50 billion, to be subject to higher import tariffs upon entry into the Chinese market. Soon after, President Trump on Wednesday warned to double the $ 100bn (£ 100bn) in value of products imported from China that were subject to additional duties.