Steven Mnuchin at G7: 'We don't want to be protectionist'

Canadian Finance Minister William Morneau, right, talks with President of the German Central Bank Jens Weidmann as they exit the Castle of Bari, venue of the G7 of Ministers of finance, in Bari, southern Italy, Friday, May. -Canada trade relationship is to both economies.

"We must not back pedal on free trade as it has contributed to economic prosperity", Mr Aso said.

Aso told reporters that he has come to see that Trump's trade policy - widely viewed as protectionist - is no different from previous administrations in favor of free trade.

"I think that there was no disagreement over the fact that trade promotes growth and has to be inclusive", Italian Finance Minister Pier Carlo Padoan said on Bloomberg Television.

"All the six others. said explicitly, and some very directly, to the representatives of the US administration that it is absolutely necessary to continue with the same spirit of worldwide cooperation", said French Finance Minister Michel Sapin.

Assange 'evaded all attempts' to extradite him - Swedish prosecutor
Assange, 45, took refuge in the embassy in June 2012 to avoid extradition to Sweden over the rape allegation, which he denies. Police kept up round-the-clock guard outside the embassy until past year , when the operation was scaled back.

U.S. Treasury Secretary Steven Mnuchin said on Saturday that United States reserves the right to be protectionist on trade, but noted that his worldwide counterparts are growing more comfortable with the Trump administration's economic agenda. A U.S. Treasury spokesman said Mnuchin will brief his counterparts in Bari on the Trump administration's still-emerging plans to revamp the U.S. tax system - with major cuts for businesses - and ease regulatory burdens.Reflecting tensions over Trump's attitude to protectionism, there will be no formal discussion of trade in Bari, Italian Treasury officials said.

The deal would allow USA companies to ship liquefied natural gas to China and tackles a range of long-standing barriers, ending a ban on imports of US beef and moving a step closer to allowing Chinese poultry on American supermarket shelves.

There is also some concern Mr. Trump's tax plan could push the country deeper into debt, raising questions over the administration's argument that cutting corporate tax levels to 15% from their current 35% rate will be financed by revenue generated by a higher pace of economic expansion.

"We want to have balanced trade", Mr Mnuchin said. "We're going to try to get this done as quickly as we can".

Almost a decade after a financial crisis ripped through the global economy, G-7 officials said they are wary of another big threat to growth.

Tight race in Iran's presidential election
Iran's president is subordinate but still powerful, with considerable influence over both domestic policy and foreign affairs. Raisi has even been discussed as a possible successor to him, though Khamenei has stopped short of endorsing anyone.

They also called for a renewed common effort against cybercrime.

Britain, Canada, France, Germany, Italy, Japan and the United States make up the G7.

The group's agreements, presented in the form of a final statement, aren't legally binding; instead they represent the leaders' political commitment to follow through.

That divergence augurs for potential disagreements when the nations' leaders gather in Sicily later this month - an event which marks Trump's first major global summit as U.S. President.

Germany rejects idea of joint euro bonds after Macron victory
"We congratulate President-elect Macron and the people of France on their successful presidential election", said Spicer. The result wasn't close - Macron had 64 per cent support with about 90 per cent of votes counted.

Artículos relacionados

  • Celtics Unlikely To Trade For Paul George Or Jimmy Butler In Offseason

    Celtics Unlikely To Trade For Paul George Or Jimmy Butler In Offseason

    The lottery basically determines the first 14 picks in the draft and includes the teams that did not qualify for the postseason. It was pretty evident up to the draft lottery that the Lakers and the Ball family mutually felt like they would be a good fit.

    Trump again blows up a careful White House statement with a tweet

    Trump later said in an interview with NBC News he was going to fire Comey regardless of Rosenstein's recommendation. The chances of Donald Trump being impeached are very slim, according to analyst at Japanese investment bank Nomura.
    Lakers Land No. 2 Pick in 2017 Draft

    Lakers Land No. 2 Pick in 2017 Draft

    The Boston Celtics' rumors are heating up just days after the team secured the No. 1 overall pick via the NBA's Draft Lottery. The early indication is that Boston plans to keep the pick, likely eyeing Fultz as the first selection in the draft.
  • "Ningún político ha sido tratado más injustamente", se quejó Trump

    Comey no se comprometió a nada, aunque estuvo de acuerdo en que Flynn " es un buen tipo ", añade el medio estadounidense . Donald Trump salió a defenderse de los que él considera ataques en su contra.
    Flipkart, Amazon top LinkedIn's companies list

    Flipkart, Amazon top LinkedIn's companies list

    LinkedIn further said that numerous good employers have one thing in common - they reward their employees well. From leading tech multinationals to startups, 13 homegrown companies found place in the list.
    Sweden Drops Rape Investigation Into Wikileaks Founder Julian Assange

    Sweden Drops Rape Investigation Into Wikileaks Founder Julian Assange

    But the Metropolitan police have maintained that Assange would be arrested if he left the embassy. "The road is far from over". Assange is also accused of breaching his bail conditions in the United Kingdom for fleeing to Ecuador's embassy, she noted.
  • Russian FM mocks USA  media over intelligence-sharing reports

    Russian FM mocks USA media over intelligence-sharing reports

    At the press conference, Lavrov also said Russian Federation would like to improve its relations with the European Union (EU). A combination of file photos showing Russian Foreign Minister Sergei Lavrov and US President Donald Trump, May 17, 2016.
    ¿Cómo evitar ser víctima del virus Ransomware?

    ¿Cómo evitar ser víctima del virus Ransomware?

    La falla había sido previamente divulgada en documentos pirateados de la Agencia de Seguridad Nacional (NSA) estadounidense. Este ataque es otro ejemplo de por qué el almacenamiento de vulnerabilidades por parte de los gobiernos es un problema.

    Ambiente cálido este jueves en la capital michoacana

    Se pronostican lluvias dispersas en zonas del interior del estado, además de cielo medio nublado, ambiente muy caluroso y viento del noroeste de 15 a 30 km/h.
  • Sweden drops rape probe against Julian Assange

    Sweden drops rape probe against Julian Assange

    Four hours later, he tweeted: "Detained for 7 years without charge by while my children grew up and my name was slandered. He has been there ever since, fearing that if he is in custody he might ultimately be extradited to the United States.
    Pakistan says ICJ can't hear Kulbhushan Yadav's conviction case

    Pakistan says ICJ can't hear Kulbhushan Yadav's conviction case

    Not just had all requests for consular access fallen on "deaf ears", the trial was conducted without providing Jadhav his rights. Pakistan on the other hand would contend that Jadhav was sentenced on the ground that he was undertaking subversive activities.

    Theresa May promises 'good solid conservatism' in Tory manifesto

    But the Prime Minister also announced she would scrap the "triple-lock" on the state pension and means-test winter fuel payments. It also, perhaps much like the previous government's actions, gives very little thrift to the environment or natural resources.