Fund boss Kristalina Georgieva says it is important that US and trading partners avoid escalating trade warBusiness live – latest updatesThe International Monetary Fund has warned that Donald Trump’s implementation of swingeing tariffs poses a “significant risk” to the global economy, as stock markets continue to be hit by a brutal sell-off by investors.Kristalina Georgieva, the managing director of the IMF, said it was important that the US and its trading partners avoided further escalating the global trade war, while markets in Asia and Australia suffered further declines on Friday. Continue reading...