Trump Administration Lobbies Allies for 'Trade Over Aid' Policy
The Trump administration is actively lobbying its international allies to support and adopt a new "trade over aid" policy initiative. This push aims to shift the focus of international development from traditional aid to fostering trade relationships.
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Trump officials urge other countries to join new ‘trade over aid’ push
US calls free-market capitalism ‘surest path to prosperity’ and seeks to forgo direct aid to developing countries Middle East crisis – live updates The Trump administration has moved to formally enlist foreign governments in a sweeping reorientation of global development policy, directing American diplomats worldwide to seek official support for a “trade over aid” declaration before its introduction at the United Nations later this month. This would mean a move away from direct aid to poor ...
By Joseph Gedeon in Washington
Read full article →Trump administration to lobby allies to support 'trade over aid' push
The Trump administration is pushing countries worldwide to back a "trade over aid" declaration at the UN, part of a broader effort to overhaul how Washington spends billions of dollars in foreign assistance. Speaking with FRANCE 24's Yinka Oyetade, Eric Pelofsky, Vice President of Global Economic Recovery at The Rockefeller Foundation, explains that the new policy runs counter to US national interests, traditions and values.
By FRANCE24
Read full article →Coverage Timeline
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