boutons_deux
03-20-2017, 11:01 AM
The group of nations that comprise the G20 account for four-fifths of global GDP and three-quarters of trade. The forum was founded for finance ministers to promote international economic stability.
Since it started in 1999, the G20 “regularly sends clear messages against protectionism” at its meetings (https://www.g20.org/Webs/G20/EN/G20/FAQs/faq.html).
Until now.
Mnuchin pushed back hard on Trump’s hostility to trade, which was embodied in his “America First” policies.
The result was a small but symbolic break with history (http://www.politico.eu/article/trump-blows-up-g20-trade-consensus/):
The anti-protectionist pledge that followed the past six meetings in a row—and many more before that—was dropped in yesterday’s post-summit statement. “The historical language was not relevant,” Mnuchin said
https://qz.com/936345/at-the-g20-summit-the-us-turned-its-back-on-free-trade-and-refused-to-reject-protectionism/
Since it started in 1999, the G20 “regularly sends clear messages against protectionism” at its meetings (https://www.g20.org/Webs/G20/EN/G20/FAQs/faq.html).
Until now.
Mnuchin pushed back hard on Trump’s hostility to trade, which was embodied in his “America First” policies.
The result was a small but symbolic break with history (http://www.politico.eu/article/trump-blows-up-g20-trade-consensus/):
The anti-protectionist pledge that followed the past six meetings in a row—and many more before that—was dropped in yesterday’s post-summit statement. “The historical language was not relevant,” Mnuchin said
https://qz.com/936345/at-the-g20-summit-the-us-turned-its-back-on-free-trade-and-refused-to-reject-protectionism/