Subscribe
Ammunition
Search
« The World Is One Poke Away From A Major Disaster | Main | Unreal. New York Times Reporter Blames Infowars for Spreading Trump Wiretap Story HE WROTE! »
Saturday
Mar182017

Top economies yield to US, drop no-protectionism pledge: Trump Win on Trade

BADEN-BADEN, Germany (AP) -- The world's top economic powers dropped a pledge to oppose trade protectionism amid pushback from the Trump administration, which wants trade to more clearly benefit American companies and workers.

Finance ministers from the Group of 20 countries meeting in the southern German town of Baden-Baden issued a statement Saturday that said only that countries "are working to strengthen the contribution of trade" to their economies.

By comparison, last year's meeting called on them to resist "all forms" of protectionism, which can include border tariffs and rules that keep out imports to shield domestic companies from competition.

The statement from the G20 finance ministers and central bankers helps set the tone for further global economic cooperation.

Click to read more...

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>