Aso pushes back on U.S. call for scrutiny of currency moves

Apr 23, 2017

Aso pushes back on U.S. call for scrutiny of currency moves

Finance Minister Taro Aso said Saturday trade imbalances cannot be fixed through exchange-rate adjustments alone, pushing back against Washington’s calls to have more rigorous IMF scrutiny of currency moves. Earlier, U.S. Treasury Secretary Steven Mnuchin at the spring meeting of the 189-nation International Monetary ...

U.S. issues trade challenge at fraught G-20

Mar 19, 2017

U.S. issues trade challenge at fraught G-20

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 deals. In a first sign of what Donald Trump’s “America First” push spells for the world, finance ...

Mar 19, 2017

Gist of Group of 20 finance chiefs' communique

In the communique released Saturday after a two-day meeting of Group of 20 finance ministers and central bankers, the finance chiefs: Drop a pledge to resist all forms of protectionism. Vow to “strengthen the contribution of trade” to their economies. Say excess volatility and ...

Kishida to focus on North Korea, trade at G-20 talks

/ Feb 16, 2017

Kishida to focus on North Korea, trade at G-20 talks

Foreign Minister Fumio Kishida will address the North Korean threat, free trade with the European Union and peace-building when he gathers with Group of 20 counterparts on Thursday in Bonn, Germany. Kishida will meet with U.S. Secretary of State Rex Tillerson and South Korean ...