The U.S. economy is performing well but it's not immune from external challenges, the acting managing director of the IMF told CNBC Tuesday.
The IMF has noted that trade tariffs had done little to address the bilateral trade balance.The Fund then predicted 6.3% growth for China in 2019 and 2.3% growth for the U.S.
"No matter how you cut it, the U.S. economy is doing well and it's doing well at a time when global trade is very slow," David Lipton told CNBC's "Street Signs." But he added that there "are many events in the world that could affect the U.S. economy and it makes sense to be vigilant to all of those."
. But global trade remains a large concern for investors, business and organizations like the IMF which have highlighted the negative economic effect of barriers to trade.
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