FUKUOKA - Widening fallout from the U.S.-China trade war and escalating tariff threats will test the resolve of Group of 20 finance leaders to show a united front this week, as investors worry if they can avert a global recession with dwindling policy ammunition.
But the broadening pain from the trade war will make it hard for G20 finance ministers and central bank heads to side-step the topic when they gather for a two-day meeting starting on Saturday in the southern Japan city of Fukuoka. “The communique is always fun to do, so I anticipate we’ll have some interesting conversations on trade, as well as other issues. And I expect we’ll likely get to a communique, but you never know,” the official told reporters earlier this week.
Trump said on Thursday he would meet President Xi Jinping at a G20 leaders’ summit late this month and decide afterwards whether to hit Beijing with more tariffs. The International Monetary Fund on Wednesday warned that current and threatened U.S.-China tariffs could cut global economic output by 0.5% in 2020.
Hey! You can’t say that to US!
Making American foolish again.
Is where the pole is in the picture, separating the word, just coincidence?
Just what Putin wanted.
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