G20 finance chiefs to say trade row 'intensified' but delete call for resolution

FUKUOKA, Japan - Group of 20 finance leaders agreed to describe global trade and geopolitical tensions as “intensified” but failed to express the desire to resolve them, three G20 sources said as a second day of meetings got underway on Sunday.

The Buenos Aires meeting launched a five-month trade truce between the United States and China to allow for negotiations to end their deepening trade war. But those talks hit an impasse last month, prompting both sides to impose higher tariffs on each other’s goods as the conflict nears the end of its first year.

But the final language deleted a clause to “recognize the pressing need to resolve trade tensions” from a previous draft being debated on Saturday. The bickering over trade language has dashed hopes of Japan, which chairs this year’s G20 meetings, to keep trade issues low on the list of agendas at the finance leaders’ meeting.

That looks like more than 20

No end in sight

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

G20 finance leaders' communique to describe trade tensions as 'intensified': sourcesGroup of 20 finance leaders agreed to describe trade and geopolitical tensions a... Wow.. geniuses at work! They’re just butthurt we are making them play fair for once.
Source: Reuters - 🏆 2. / 97 Read more »

Trade war, tariff threats to challenge G20 finance leaders' solidarityWidening fallout from the U.S.-China trade war and escalating tariff threats wil... Just what Putin wanted. Is where the pole is in the picture, separating the word, just coincidence? Making American foolish again.
Source: Reuters - 🏆 2. / 97 Read more »

G-20 finance leaders' goal: Adapt to turmoil in trade, techFUKUOKA, Japan (AP) — Financial leaders of the Group of 20 gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions. The central bank... Hum? Share what you know about realDonaldTrump’s potential impeachable offenses? Please don't. You all have done enough helping yourselves pretending that it was for a great cause. Governments create this problem in the first place.
Source: AP - 🏆 728. / 51 Read more »