March 20, 2018 / 8:33 PM / 4 months ago

France's Le Maire blames 'unfair trade' for global commerce woes

BUENOS AIRES (Reuters) - Unfair trade and an overproduction of steel are at the root of international tensions over commerce, France’s finance minister Bruno Le Maire said on Tuesday after a G20 gathering in Buenos Aires.

FILE PHOTO: French Finance Minister Bruno Le Maire speaks during a news conference after a National Council of Industry at the Bercy Finance Ministry in Paris, France, February 26, 2018. REUTERS/Benoit Tessier

“This G20 meeting has been really useful because it has helped us to understand the difficulties of every nation and it has helped us make a path, a step in the right direction,” said Le Maire, adding that G20 members had acknowledged the issue of steel over-capacity.

“Unfair trade conditions are also at the root of our difficulties,” he said.

Reporting by Francesco Canepa; Editing by Paul Simao

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