Comment on Global finance leaders dodge conflict with Trump White House

Global finance leaders dodge conflict with Trump White House

WASHINGTON (AP) — Global finance leaders sought to avoid conflict with the Trump administration over trade and environmental policy and welcomed signs the world economy is pulling out of the doldrums. The International Monetary Fund dropped a sharp condemnation of trade protectionism and references to climate change from a statement at the close of its spring meetings with the World Bank. During the presidential campaign, Donald Trump threatened to impose tariffs on China and Mexico and called global warming a hoax. Since taking office, Trump has slashed environmental regulations, and his administration has planned big cutbacks at the Environmental Protection Agency. Lagarde noted that a separate document setting out the IMF's policy agenda did retain strong language condemning protectionism and promoting efforts to combat climate change.

 

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