The G-20 was unfortunately a disappointing meeting - FinMin Kristian Jensen - BBG

European finance ministers voiced their concerns over the protectionist policy of the United States.

Key quotes (via Bloomberg)

  • Danish Finance Minister Kristian Jensen: The G-20 was, unfortunately, a disappointing meeting because the promise we have given each other in the past is now being taken away by the new U.S. administration
  • Danish Finance Minister Kristian Jensen: I’m quite concerned that we need to fight harder for Europe to keep up free trade
  • Luxembourg Finance Minister Pierre Gramegna: It has now been confirmed that open world trade maybe is not a priority for everyone
  • Belgium’s Finance Minister Johan Van Overtveldt: I'm very worried about the move toward protectionism
  • Belgium’s Finance Minister Johan Van Overtveldt: Practically all the European economies are very open economies, very much oriented toward an open international trade system
  • EU Trade Commissioner Cecilia Malmstrom: We are working to defend the multilateral rule-based system that has safeguarded our prosperity over so many decades

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