Trump 1, free trade 0: G20 drops pledge to fight protectionism

[McFurd]

CNN Money - 3/19/2017 - Mark Thompson - The world's biggest economies have dropped a long-standing public endorsement of free trade at their first meeting with the Trump administration. Finance ministers and central bank governors from the G-20 group of leading economies, including the U.S., China, Mexico, Germany and India, held two days of tough talking in the German town of Baden-Baden. The formal statement issued after the meeting contained only a bland reference to "working to strengthen the contribution of trade to our economies." Conspicuous by its absence was the phrase "we will resist all forms of protectionism" that was contained in the communique from the last meeting of the group in China, July 2016. Read more @ http://money.cnn.com/2017/03/18/news/ec ... ?iid=SF_LN