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Donald Trump's 'America first' push derails G20 bid to protect free trade

Finance ministers from the G20 group failed to get the US to sign a pledge to reject protectionism

AFP | PTI  |  Baden-Baden (Germany) 

The United States on Saturday challenged long-standing global principles surrounding free trade, refusing to renew past anti-protectionist pledges and threatening to reopen negotiations on World Trade Organization (WTO) deals. In a first sign of what Donald Trump's "America First" push spells for the world, finance ministers from the G20 group of developed and emerging nations failed to get Washington to sign off on a pledge to reject protectionism in a closing statement. Commitments of support to the existing multilateral trade system, including the WTO, were ...

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First Published: Sun, March 19 2017. 03:00 IST
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