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US protectionism not to spiral into trade way – UAE minister

US protectionism not to spiral into trade way – UAE minister
UAE’s minister of the economy Sultan bin Saeed Al Mansoori

Dubai – Mubasher: The UAE’s minister of the economy said he does not expect the ongoing dispute between the United States and China to evolve into a trade war.

There is nothing major to worry about, Al Khaleej newspaper reported, citing Sultan bin Saeed Al Mansoori as saying.

Other ministers also shrugged off fears that the ongoing protectionism from policies by US President Donald Trump would result in a trade war, noting that the world relies heavily on commercial openness and bilateral trade.

Despite that, ministers said that the protectionism will somehow affect all nations, the newspaper said.