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.
Sverige Senaste nytt, Sverige Rubriker
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