At G20 Summit, Trump to push for free and fair trade

"The goal of US trade policy is to expand trade in a way that are free and fair. Insisting on fair trade is the best way to ensure the long-term strength of the international trading system," Gary Cohen, assistant to the US President on Economic Policy told reporters.

Trump travels to Germany next week to attend the G20, which among others would be attended by Prime Minister Narendra Modi. "We look forward to engaging in free and fair trade with the G20 economies. The US stands firm against all unfair trading practices, including massive distortions in the global steel market and other non-market practices that harm US workers," Cohen said. "We ask the G20 economies to join us in this effort and to take concrete actions to solve these problems. But let us be clear: We will act to ensure a level playing field for all," Cohen said in a preview of the trip.

Noting that the President has embarked on a strong pro- growth agenda featuring deregulation, tax reform, and infrastructure investment, Cohen said on the trip, Trump will support G20 countries continuing to proactively use all the tools at their disposal —monetary, fiscal, and structural — to strengthen growth in their countries. "Importantly, the G20 also needs to do more to address global imbalances, especially from overcapacity in industrial sectors," he said.

On energy, Trump remains committed to working with world leaders and private sectors on sound environmental policies and on innovative technologies, he said."We have been mindful of the fact that, while renewables have a role to play, we cannot achieve the growth or anti- poverty agenda we want without strong contributions from clean fossil fuel technologies.