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G20 affirms commitment to free trade, but U.S. insists on “America First”

All Saturday evening papers reported on the conclusion of the G20 finance ministerial meeting in Washington on Friday, noting that the participants confirmed the importance of pursuing free trade to ensure global economic growth. However, the papers also highlighted a deep rift between the U.S. and other member states over the Trump administration’s trade policy. Nikkei said the U.S. appeared to be indifferent to the chorus in favor of free trade by other members.  Yomiuri wrote that in response to concerns raised by other participants, Treasury Secretary Mnuchin insisted that U.S. trade policy is intended to rectify the unfair practices of other economies when trading with the U.S.  Mainichi and Asahi said the G20’s unity has reached its limit.

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