Global trade war biggest concern at G20 meeting: German minister

By Kitco News / March 20, 2018 / www.kitco.com / Article Link

BERLIN (Reuters) - Concerns about a global trade war dominated this week’s meeting of finance ministers from the G20 largest industrialised nations in Argentina, German Finance Minister Olaf Scholz told reporters traveling home with him.

Scholz said a large majority of participants expressed concerns about a further escalation in the wake of planned U.S. tariffs on steel and aluminum, and underscored the importance of continuing to warn against “protectionist tendencies.”

“It was a success that there were discussions about it,” Scholz said, citing talks with the United States. “That at least marks some progress.”

Reporting by Gernot Heller; Writing by Andrea Shalal; Editing by Paul Carrel

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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