The managing director of the International Monetary Fund has called on all countries to “de-escalate and resolve” current trade tensions in an effort to rebuild the global trade system.

Speaking in Shanghai on November 5, Christine Lagarde said efforts should look to “fix” the global trade system, “not destroy it”.

“To achieve these goals, we need more international cooperation, not less – and that goes well beyond economics,” she said.

Conflicts over technology policies and other trade