G7 finance ministers end their meeting, expressing “concern and disappointment”

 

The finance ministers of the Group of Seven (G7) have ended their meeting, expressing “unanimous concern and disappointment” over the US decision to intensify its trade offensive against its allies and trade partners, the finance minister said.

“Finance ministers and central bank governors have asked US Treasury Secretary Stephen Menuchin to tell the White House their concern and disappointment,” Bill Morneau told a news conference.

Mourinho called for a “prudence” at a summit of heads of state next week in Quebec.

French Finance Minister Bruno Lemerre urged Washington to immediately give “positive signals” to avoid a trade war.

The potential trade dispute dominated the G7 finance ministers’ talks after Donald Trump’s administration stepped up its offensive against its allies by imposing new tariffs on their steel and aluminum imports from Friday.

Source: IKH News

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