U.S. fails to reassure Europe, Japan over #Trumponomics | Reuters
▻http://uk.reuters.com/article/us-g7-usa-mnuchin-idUKKBN1890FP
The United States said on Saturday the world’s other rich economies were getting used to the policy plans of President Donald Trump, but Europe and Japan showed they remained worried about Washington’s shift.
Officials from the Group of Seven nations met in southern Italy hoping to hear more about Trump’s plans which they fear will revive protectionism and set back the global approach to issues such as banking reform and climate change.
U.S. Treasury Secretary Steven Mnuchin said the United States reserved the right to be protectionist if it thought trade was not free or fair.
“We do not want to be protectionist but we reserve our right to be protectionist to the extent that we believe trade is not free and fair... Our approach is for more balanced trade, and people have heard that,” Mnuchin told reporters at the end of the two-day meeting.
“And as I say, people are more comfortable today, now that they’ve had the opportunity to spend time with me and listen to the president and hear our economic message.”
Other ministers from the G7 countries made it clear they did not share his view.
… tu m’étonnes !
On n’est pas protectionnistes mais on se réserve le droit de l’être si l’échange n’est pas à notre avantage…