NIIGATA, Japan, May 13 (Reuters) - British finance
minister Jeremy Hunt said on Saturday it would be "absolutely
devastating" if the United States failed to reach agreement to
raise its debt ceiling and had its gross domestic product
"knocked off track".
Hunt also said the impact of sanctions on the Russia over
its invasion of Ukraine had not been as effective as military
support for Kyiv and that the Group of Seven (G7) rich countries
want to "de-risk" relations with China, rather than to decouple
from all trade.
Hunt was speaking to reporters before meeting U.S. Treasury
Secretary Janet Yellen on the sidelines of a gathering of G7
finance chiefs in Japan.
(Reporting by Andrea Shalal; Writing by Kantaro Komiya; Editing
by William Mallard)
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