Us Threatening To Stop Monetary Regulation Cooperation

G-20 countries began coordinating on financial regulation and tax matters after the global financial crisis of 2008-2009.
His administration is also threatening punitive trade measures on steel ahead of the G-20 summit.
The United States has signaled that it could discontinue multilateral cooperation on financial market regulation and tax havens ahead of a G-20 summit in Germany next week, weekly magazine Der Spiegel reported on Friday.
Merkel acknowledged in a speech in the German lower house of parliament that there were stubborn differences with the Trump administration on trade and climate.
The trip amounts to a last-ditch bid to overcome differences on trade and climate change ahead of the G-20 summit in Hamburg, which will be held from July 7-8.

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