US Treasury chief to brief key allies on Trump policies

By Associated Press May 12 at 1:05 AM

BARI, Italy — Top finance officials from the Group of 7 advanced economies have gathered to hear about U.S. President Donald Trump’s economic policies. They’ll also look for ways to promote growth and combat terrorist financing and tax avoidance by major corporations.

The meeting in the southern Italian seaside town of Bari is to kick off Friday with a discussion of how to make economic growth benefit more people.

U.S. Treasury Secretary Steven Mnuchin is due to explain Trump’s plans to cut business taxes and regulation, and explain Trump’s push for what he considers more balanced trading relationships.

The meeting prepares the way for a summit of leaders in Taormina, Italy, on May 25-26. The G-7 includes Canada, France, Germany, Japan, Italy, the U.S., and U.K., with the EU also attending the meeting.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

https://www.washingtonpost.com/busin...=.14d84b93c69d