US defends trade barriers as Davos braces for Trump - News Summed Up

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US defends trade barriers as Davos braces for Trump


DAVOS, Switzerland — The United States is committed to free and fair trade while bracing itself for possible retaliation from China over new tariffs, top U.S. Cabinet members said Wednesday, ahead of a much-ballyhooed visit by President Donald Trump to the World Economic Forum in Davos, Switzerland. The “America First” strategy that helped Trump win the presidency is partly a reflection of dealing with that apparent rigged system. It’s already seen the U.S. withdraw from the Trans-Pacific Partnership, a trade deal with 11 countries, and seek a renegotiation of the North American Free Trade Agreement with Canada and Mexico. A day after Canadian Prime Minister Justin Trudeau and Indian Prime Minister Narendra Modi championed free trade, European leaders did likewise on Thursday.


Source: National Post January 24, 2018 05:03 UTC



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