Finance Minister of Argentina has warned Donald Trump that the protectionist trade strategies do not work. However, later this year, Argentina is poised to take over the leadership of the G20 group of developed and developing nations

According to The Guardian, Argentina's anti-free trade policies showed that closing borders will do more harm than good. The country's finance minister has stated the concern in a press conference.

Mauricio Macri, the center-right president of Argentina has moved the country in a markedly free-market direction after succeeding Cristina Fernandez de Kirchner in December 2015. The new president has ended capital controls and introducing an austerity program and reduction in subsidies.

The time of attending the G20 meeting in Germany, Dujovne reported Argentina wanted to send the message that his country is very keen to inward investment from Britain. Beside this Argentina will be interested in a Post-Brexit free trade deal.

The Argentina Government official report stated that Macri's shock treatment for the Argentinean economy led to deep depression during the first year in office, but Argentina government economy is finally growing again. For that, the president blamed Argentina's economic problems in 2016 on the legacy of the previous government and the recession in Brazil.

Besides this, the largest trade union of Argentina is preparing to mount the one-day general strike on 6 April. The growth in the fourth quarter of last year on an annualized basis had reached 3.5 percent. Though, the labor unions claim wages have not kept up with inflation that reached 40 percent last year.

The new president has a dream to make Argentina biggest economy in Latin America. Though, Macri does not have an overall majority in the congress. So, he needs to build coalitions to win support for the plans to boost the third largest economy in Latin America.

However, the president said the focus of the new government is making an agreement with the UK, rather than the point of difference. For that, the UK and Argentina have opened up flights from Falklands to South America.

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