EU, IMF back mul­ti­lat­eral trade, warn of US pro­tec­tion­ism

USA TODAY International Edition - - FRONT PAGE -

Lead­ers of the In­ter­na­tional Mone­tary Fund, World Trade Or­ga­ni­za­tion and other agen­cies warned Mon­day that Amer­i­can pro­tec­tion­ism could cause global eco­nomic dam­age, while the Euro­pean Union backed a Group of Seven dec­la­ra­tion that Pres­i­dent Don­ald Trump abruptly re­fused to join.

At a meet­ing in Ber­lin hosted by Chan­cel­lor An­gela Merkel, the Ger­man leader and top of­fi­cials from a half-dozen in­ter­na­tional or­ga­ni­za­tions said in a joint state­ment that the “in­creas­ing pro­tec­tion­ist ten­den­cies pro­vide us with a clear in­cen­tive and op­por­tu­nity to ex­press our strong sup­port for the mul­ti­lat­eral trading sys­tem.”

From staff and wire re­ports

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