BHP CEO: 'Bloody awful' trade pledges threaten Trump's pump

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Republican presidential candidate Donald Trump speaks during a campaign rally in Green Bay. (Evan Vucci, AP)
Republican presidential candidate Donald Trump speaks during a campaign rally in Green Bay. (Evan Vucci, AP)

Melbourne - The head of the world’s biggest mining company intensified his warnings that US trade protectionism under President Donald Trump would threaten global growth and the fight against poverty.

While applauding efforts by the administration to boost US growth and infrastructure spending, BHP Billiton [JSE:BIL] chief executive officer Andrew Mackenzie said the consequences of restricting free trade would be “pretty bloody awful.”

BHP, which is also the largest overseas investor in US shale, “is very anxious about the possibility that instead of that good leadership, we could have bad leadership from the US on global free trade," the Scottish-born executive said in an interview with Bloomberg TV at a conference in Florida on Monday. 

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