clear
Saturday September 23rd, 2017 4:07PM

US says global trade must be fair as well as free

By The Associated Press
Related Articles
  Contact Editor

BADEN-BADEN, Germany (AP) — U.S. Treasury Secretary Steven Mnuchin says the U.S. believes in free trade, despite the omission of a ban on protectionism in the joint statement from an international financial summit he attended.

The statement dropped language from previous G-20 statements that said countries should resist "all forms" of trade barriers.

Mnuchin said that language was "in the past" and "not really relevant."

He said: "We believe in free trade," but added "balanced trade needs to be what's good for us and what's good for other people, a win-win situation."

Mnuchin said the U.S. would work with international partners but review trade deals that disadvantage the U.S.: "It's free trade, balanced trade and fair trade."

  • Associated Categories: Associated Press (AP), AP World News, AP Business, AP Business - Economy
© Copyright 2017 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Interracial couples still face strife 50 years after Loving
Interracial couples still face discrimination, disapproval half a century after the Supreme Court made interracial marriage legal across the United States with the Loving decision
9:43AM ( 30 minutes ago )
Puerto Rico mulls political status in new referendum
Puerto Ricans are getting the chance to tell U.S. Congress on Sunday which political status they believe best benefits the U.S. territory as it remains mired in a deep economic crisis that has triggered an exodus of islanders to the U.S mainland
9:30AM ( 44 minutes ago )
The Latest: Nadal playing Wawrinka in French Open final
The men's final at the French Open is underway between nine-time winner Rafael Nadal and third-seeded Stan Wawrinka.
9:19AM ( 54 minutes ago )
Associated Press (AP)
France's Macron faces test in parliamentary elections
French voters are choosing lawmakers in the lower house of parliament in a vote that is crucial for newly-elected president Emmanuel Macron
8:05AM ( 2 hours ago )
Boris Johnson denies plot to topple UK PM Theresa May
British Foreign Secretary Boris Johnson denies plotting to topple Prime Minister Theresa May, who has been weakened by the Conservative Party's disastrous election result
7:09AM ( 3 hours ago )
Gulf nations may let some Qataris stay amid diplomatic rift
Bahrain, Saudi Arabia and the United Arab Emirates have signaled they may allow some Qataris to stay in their countries amid a diplomatic rift with the Gulf nation
6:20AM ( 3 hours ago )
AP World News
Sessions to appear before Senate intelligence committee
Attorney General Jeff Sessions has agreed to appear before the Senate intelligence committee as it investigates alleged Russian meddling in the presidential election
8:08AM ( 2 hours ago )
Trump wages battle against regulations, not climate change
What President Donald Trump really believes about global warming is something of a mystery, but his actions make clear he doesn't consider it a problem for the federal government to solve.
8:09PM ( 14 hours ago )
UK leader May strikes tentative deal with N Ireland party
British Prime Minister Theresa May has struck a deal in principle with Northern Ireland's Democratic Unionist Party to prop up the Conservative government, stripped of its majority in a disastrous election
3:33PM ( 18 hours ago )
AP Business
Dow, Russell 2000 hit new highs; uneven finish for US stocks
Wall Street turned in an uneven finish as investors unloaded their technology company shares in favor of energy and financial stocks
5:08PM ( 1 day ago )
US stock indexes mostly lower in late-afternoon trading
U.S. stock indexes are veering mostly lower in late-afternoon trading, weighed down by a steep decline in technology companies
3:39PM ( 1 day ago )
US stock indexes mostly lower in afternoon trading
U.S. stock indexes are veering mostly lower in afternoon trading, weighed down by a steep decline in technology companies
2:19PM ( 1 day ago )
AP Business - Economy
Interracial couples still face strife 50 years after Loving
Interracial couples still face discrimination, disapproval half a century after the Supreme Court made interracial marriage legal across the United States with the Loving decision
9:43AM ( 31 minutes ago )
Puerto Rico mulls political status in new referendum
Puerto Ricans are getting the chance to tell U.S. Congress on Sunday which political status they believe best benefits the U.S. territory as it remains mired in a deep economic crisis that has triggered an exodus of islanders to the U.S mainland
9:30AM ( 44 minutes ago )
The Latest: Nadal playing Wawrinka in French Open final
The men's final at the French Open is underway between nine-time winner Rafael Nadal and third-seeded Stan Wawrinka.
9:19AM ( 54 minutes ago )
The Latest: Kuerten given Hall of Fame ring in Paris
Gustavo Kuerten has been given his Hall of Fame ring during a ceremony marking 20 years since the Brazilian won his first French Open title
9:03AM ( 1 hour ago )
Boris Johnson denies plot to topple tottering Theresa May
British Foreign Secretary Boris Johnson denies plotting to topple Prime Minister Theresa May, who has been weakened by the Conservative Party's disastrous election result
8:44AM ( 1 hour ago )