UK's Fox says important to steer U.S. away from protectionism
Britain is looking at all bilateral tools for increasing trade ties with the United States, but it also wants to steer Washington from a trade policy that is too protectionist, British trade minister Liam Fox said on Thursday.
"It`s very important that we keep the United States oriented towards an open free trading approach because it is the world`s biggest economy and what happens there will affect everybody else," Fox told an audience of diplomats and academics in Geneva.
"So I think directing the debate away from some of the protectionist noises into a free market rules-based debate is a very important discussion for us to have."
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.