Mubasher: International Monetary Fund (IMF) head Christine Lagarde urged China and the US to solve their trade tensions, citing a potential threat on the global economic growth, Reuters reported.

“For us at the IMF, it’s imperative that trade tensions are resolved in a way satisfying for everyone,” Lagarde was quoted by Reuters.

The IMF chief’s remarks on the sidelines of a conference at France’s finance ministry came just after US President Donald Trump announced during the weekend to that would raise tariffs against Chinese imports to 25%.

Trump’s tariff hike threat represented an “unfavourable” development, at the time when the trade conflict between the world’s two biggest economies seemed to be easing.

“We thought this threat was waning and relations were improving and we were moving toward an agreement […] but today rumors, tweets and comments are not very favourable,” Lagarde said.