Inclusive growth will be on top of the agenda of finance ministers from the Group of Seven (G7) members, who gathered on Thursday in the southern city of Bari for a three-day meeting.
"I think you probably saw last night we made an announcement of a 100-day economic plan with the Chinese, so I think we are very happy with how we are proceeding on trade", he said.
US Treasury Secretary Steven Mnuchin rejects the idea that under President Donald Trump the United States is reviving protectionism, yet asserting that the US would still do that if "trade is not free and fair".
Underscoring the cybersecurity threats, G-7 officials pointed to a massive attack that scrambled computer systems in dozens of countries on Friday.
Canadian Prime Minister Justin Trudeau has said he would consider retaliating against USA coal imports.
"People feel much more comfortable today now that they've had the opportunity to spend time with me and listen to the president and hear our economic message on what the Trump economic agenda is, and that's about creating growth in the US", said Mr. Mnuchin.
During his presidential campaign, Trump repeatedly charged that past administrations had failed to take a tough stand on enforcing trade agreements and that this failure had cost millions of good-paying factory jobs and resulted in an enormous USA trade deficit. -Canada trade relationship is to both economies.
Windows 10 update aims to help identify best photos, videos
File Explorer is also getting new status icons to show whether your files are locally available files or online files. So far the Fluent Design System has focused a lot on animations, transparency and blur effects.
The head of an global organization representing many advanced economies says that a new, multinational tax treaty will be of "massive consequence" in preventing big companies from avoiding taxes.
The senior Japanese official said pro-EU Emmanuel Macron's victory in the French presidential election was injecting optimism into G-7 discussions on the world economy and financial markets. "We have to do that in a more profound way. and I think that is what is going on", he said.
"We need a strong United States to lead the global economy and global politics in a sustainable way", said Schaeuble.
Relations between the new USA administration and its main world partners are warming up despite lingering reservations over Donald Trump's "America First" economic agenda, officials said Friday as G7 finance ministers met in Italy.
The meeting also coincided with news of a significant foray by the Trump administration into global commerce.
"All the six others. said explicitly, and sometimes very directly, to the representatives of the US administration that it is absolutely necessary to continue with the same spirit of global cooperation", Sapin told reporters at the end of the G7 meeting in southern Italy. The European Union also attends the informal forum.
Trade issues were pushed to the sidelines in Bari, with host Italy seeking to find areas of overlap between Trump's still vague agenda, and the priorities of Washington's chief European partners (Britain, France, Germany, Italy), as well as Canada and Japan.