Finance ministers and central bankers kick off meeting in Baden-Baden

By Jimmy Xie

A meeting of G-20 finance ministers and central bank governors kicked off in the German town of Baden-Baden on Friday (March 17).

German Finance Minister Wolfgang Schäuble and U.S. Treasury Secretary Steve Mnuchin opened the first session of the two-day meeting, attended by members of the International Monetary Fund and the European Central Bank as well as central bankers and finance ministers.

Speaking to Reuters ahead of the meeting, Schäuble said the protectionist stance of the new U.S. administration could complicate the talks and force policymakers to leave out the disputed trade issue.

Mnuchin said on Thursday (March 17) that President Donald Trump did not want to get into trade wars but wanted to re-examine certain trade relationships to make them fairer for U.S. workers.

 

(Reuters)

 
 
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