G7 officials worried about U.S. policies’ impact on global growth

News Hour:

G7 finance officials have raised concerns about risks to global growth from the Trump administration’s policy proposals including tax reform, a senior U.S. Treasury official said on Friday.

Finance ministers from the United States, Canada, Japan, France, Germany, Italy and Britain, the Group of Seven (G7), are holding two days of talks on the global economy, taxation and terrorist financing in the southern Italian city of Bari, reports Reuters.

Speaking to reporters on the sidelines of the meeting, the official said the tax plan and U.S. trade policies were part of discussions about risks to the global economy.

“Some countries have flagged risks along those lines as well as risks that U.S. growth and strengthening U.S. growth will lead to more investment, which could have an impact on exchange rates and could have an impact on the Fed’s policy going forward,” the official said.

“That’s in a positive context, but it could have spillovers to the rest of the world, in terms of both positive and negative,” the official said.



This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
No Comments

Translate this News

Join the Facebook Group

Click here to join the Facebook group of News Hour

Popular Posts

Sacred Games exposes Rajshri Deshpande nude [video]
Samsung wins consecutive Best Brand Award
Le Méridien Dhaka to celebrate Victory Day of Bangladesh with Bijoy Mela,  traditional haat, photography
Pornography viewing could be affecting men’s sex lives
Samsung brings Galaxy M30s with formidable 6,000mAh battery
Policy workshop held for the formulation of National Policy for Public Libraries


News of the Month

Scroll Up
%d bloggers like this: