China to slash tariffs on foreign vehicles - Markets spooked as Italy forms new government - Greek farmers see sweet future for stevia
The ministers agreed to eschew protectionism in favor of global trade. Germany hailed the talks' "breakthroughs for agricultural, the climate, and the consumer."
Despite a raft of negative headlines on the trade front, the EU has been busy doing free trade deals with Canada, Japan and Mexico. A deal with South American bloc Mercosur may be next, with optimism on both sides.
As the world prepares to tackle trade tensions and tit-for-tat tariffs, the summit between leaders of China and Central and Eastern European nations offers a chance for Beijing to present itself as a free trade champion.
G7 finance ministers have sent "a message of regret and disappointment" to President Donald Trump over his tariff decision. Meeting ahead of the main summit, they said there was still time to avoid a trade war.
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