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U.S. favours free but fair and balanced trade - Mnuchin

Reuters  |  BADEN BADEN, Germany 

BADEN BADEN, (Reuters) - The United States continues to believe in but wants to re-examine certain agreements and correct some excesses, U.S. Treasury Secretary Steven said on Saturday after chiefs backtracked on past commitments about trade.

"What was in the past communique is not necessarily relevant from my standpoint," told a conference in Baden Baden after his first meeting with the chiefs of the world's 20 biggest economies.

"We believe in free trade, we are in one of the largest markets in the world, we are one of the largest trading partners in the world, trade has been good for us, it has been good for other people," said. "Having said that, we want to re-examine certain agreements."

(Reporting by Balazs Koranyi and David Lawder; editing by David Clarke)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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U.S. favours free but fair and balanced trade - Mnuchin

BADEN BADEN, Germany (Reuters) - The United States continues to believe in free trade but wants to re-examine certain agreements and correct some excesses, U.S. Treasury Secretary Steven Mnuchin said on Saturday after G20 finance chiefs backtracked on past commitments about trade.

BADEN BADEN, (Reuters) - The United States continues to believe in but wants to re-examine certain agreements and correct some excesses, U.S. Treasury Secretary Steven said on Saturday after chiefs backtracked on past commitments about trade.

"What was in the past communique is not necessarily relevant from my standpoint," told a conference in Baden Baden after his first meeting with the chiefs of the world's 20 biggest economies.

"We believe in free trade, we are in one of the largest markets in the world, we are one of the largest trading partners in the world, trade has been good for us, it has been good for other people," said. "Having said that, we want to re-examine certain agreements."

(Reporting by Balazs Koranyi and David Lawder; editing by David Clarke)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
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U.S. favours free but fair and balanced trade - Mnuchin

BADEN BADEN, (Reuters) - The United States continues to believe in but wants to re-examine certain agreements and correct some excesses, U.S. Treasury Secretary Steven said on Saturday after chiefs backtracked on past commitments about trade.

"What was in the past communique is not necessarily relevant from my standpoint," told a conference in Baden Baden after his first meeting with the chiefs of the world's 20 biggest economies.

"We believe in free trade, we are in one of the largest markets in the world, we are one of the largest trading partners in the world, trade has been good for us, it has been good for other people," said. "Having said that, we want to re-examine certain agreements."

(Reporting by Balazs Koranyi and David Lawder; editing by David Clarke)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22