Financial market concerns are rising about the pace of policymaking in Washington under U.S. President Donald Trump and fellow Republicans in Congress, with investors focused on knock-on effects from any setbacks in Trump's Obamacare rollback plan.
FRANKFURT Protectionist trade policies may increase, rather than reduce, a country's trade deficit, the European Central Bank said in a study on Wednesday, just days after finance chiefs of the world's top 20 economies dropped their pledge for open trade.
BERLIN The new U.S. administration should keep its international obligations and common trade rules in mind when overhauling its tax code to favour exports over imports, senior European and German government officials said on Tuesday.
ROME Italian Prime Minister Paolo Gentiloni said on Tuesday that he wants to send a strong message in favour of free trade when he welcomes U.S. President Donald Trump and other world leaders in Italy in May.
BRUSSELS European Union finance ministers expressed concern on Tuesday over the future of free trade after what one of them called a "surreal" meeting of finance chiefs of the world's 20 biggest economies at the weekend. | Video
BERLIN Business executives and scientists on Tuesday urged the world's leading economies to put global warming back on the G20 agenda after finance ministers and central bankers failed to reaffirm their readiness to finance measures against climate change.
TOKYO Japanese Finance Minister Taro Aso said on Tuesday he felt that Group of 20 countries shared a common understanding that free trade is important.
NEW YORK The U.S. dollar slumped to a six-week low on Monday on worries over a dovish Federal Reserve, while U.S. and European stock markets dipped amid concerns about G20 financial leaders' decision to drop a pledge to keep global trade free and open. | Video
BEIJING China's Finance Minister Xiao Jie, who attended last week's G20 meeting, warned that momentum seen in the global economy could be curbed by policy uncertainties and the rise of protectionism.
BEIJING China's government has been seeking advice from its think-tanks and policy advisers on how to counter potential trade penalties from U.S. President Donald Trump, getting ready for the worst, even as they hope for business-like negotiations.