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IMF warns wave of U.S. protectionism would offset any stimulus gains

Reuters

DAVOS, Switzerland (Reuters) - Protectionist policies from the new U.S. administration of President Donald Trump will probably have a negative impact on the economy, overshadowing any positive gains from economic stimulus measures, the head of the IMF said on Friday.

"Overall, it probably won't be net positive," managing director Christine Lagarde told a panel at the World Economic Forum in Davos.

(Reporting by Noah Barkin and Dmitry Zhdannikov)

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