Meanwhile not all are painting a rosy picture on global trade… IMF chief Christine Lagarde has warned that rising trade disputes and tariffs would weigh on the global economy. <br /> Her comments in Washington on Monday signaled that the IMF may cut its global growth forecast during annual meetings with the World Bank next week.<br /><br /> "….In July, we projected 3.9 percent global growth for 2018 and 2019. The outlook has since become a little bit less bright, as you will see from our updated forecast next week. "<br /><br /> While the U.S. is growing strongly, Lagarde noted there are signs of slowing in Europe and Japan. <br />She added China is showing also signs of growth moderation, a trend that will be exacerbated by its trade disputes with the United States. <br />