IMF Meetings To Begin Under Fresh Cloud Of US-China Trade Tensions

IMF Managing Director Kristalina Georgieva has said the global economy has been performing better than feared despite US President Donald Trump's tariffs (Credit: AFP)

The IMF and World Bank's semi-annual gathering of finance ministers and central bank governors gets underway in Washington on Monday, against the backdrop of new trade threats from the world's two largest economies.

Last week, China unveiled new export restrictions on critical minerals, prompting a fierce response from US President Donald Trump, who said he would impose new 100 percent tariffs on Beijing in response.