G20 finance ministers see global soft landing

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WASHINGTON, D.C. — Finance chiefs from the leading developed and emerging economies see 'good prospects' for a soft landing for the global economy and have committed to resist protectionism, according to a Group of 20 (G20) draft communique seen by Reuters on Wednesday ahead of the group's meeting this week.

WASHINGTON, D.C. — Finance chiefs from the leading developed and emerging economies see 'good prospects' for a soft landing for the global economy and have committed to resist protectionism, according to a Group of 20 draft communique seen by Reuters on Wednesday ahead of the group's meeting this week.

Indeed, leading the list of concerns is the prospect of global trade strife should Trump, who has pledged to impose a global 10-percent tariff on all goods imported to the US and a 60-percent levy on imports from China, win the November 5 election.

 

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