ASEAN joins Japan, China and South Korea in warning of global fallout from protectionism
Finance ministers and central bank governors of the Association of Southeast Asian Nations (ASEAN) plus Japan, China and South Korea warned of the potential global economic fallout from protectionist trade policies following an announcement by US President Donald Trump of higher import tariffs.
They met Sunday on the sidelines of the Asian Development Bank's annual meeting in Milan, Italy and reaffirmed their commitment to a rules-based, free, fair and “transparent multilateral trading system,” Kyodo News Agency reported.
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