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G7 finance chiefs have a two-day meeting in Italy on Friday, with a clear understanding of the important policy direction that has not been elaborated by US President Trump after the hope of the European, Japanese and Canadian hopes.
G7 Finance and central bankers arrived in Bari, Arizona on Thursday. The official agenda focuses on imbalances, international tax rules, cyber security and blockade of terrorism.
However, many attendees will be concerned about the US Treasury Secretary Nouqin to assess what the United States has agreed on the G7 consensus issue that Trump has threatened to overthrow: protectionism and climate change.
"It will be another opportunity to learn about the US government's thinking and planning," a G7 official said in a briefing session this week.
20 countries (G20) financial leaders in Germany in March after the publication of the communique to remove the free trade commitments, acquiescence to the US protectionist position.
The White House has said that Trump will decide whether to withdraw from the Paris Climate Change Agreement after attending the G7 summit on May 26-27. The exit of the agreement is one of Trump's campaign promises.
A spokesman for the US Treasury Department said that Nuqin will brief the finance ministers in Bari, the initial plan for the Trump government to reform the domestic tax system and reduce the burden of supervision.
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