Trump says won't turn blind eye to unfair trade

DAVOS, Switzerland (Reuters) - U.S. President Donald Trump warned trading partners on Friday that Washington would no longer tolerate unfair trade, saying predatory practices were distorting markets.

"The United States will no longer turn a blind eye to unfair trade practices," Trump told chief executives, bankers and political leaders at the World Economic Forum in Davos.

"We cannot have free and open trade if some countries exploit the system at the expense of others," he added.

(Reporting by Mark Bendeich)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Blue Origin raises $10B as Bezos’ total investment hits $32B - WSJ
• Lear stock edges up after boosting buyback to $1.5 billion
• STAAR Surgical stock ticks higher on $50M buyback authorization