BANK OF ENGLAND'S BAILEY URGES US TO STEP BACK FROM TRADE WARS
NEWS Desk Global
Bank of England Governor Andrew Bailey urged the United States on Wednesday to settle its concerns about the global economy through dialogue rather than the kind of import tariffs that U.S. President Donald Trump has imposed this week.
Bailey, speaking to British lawmakers, said he had addressed the importance of open trade at a meeting of Group of 20 central bankers and finance ministers last week in South Africa that was not attended by new U.S. Treasury Secretary Scott Bessent.
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