- The leaders of the world’s top economies gathered in Argentina on Friday for talks overshadowed by a US-China trade war that has roiled global markets.
- Uncertainty prevailed about how Trump, known for his unpredictability, would behave at what was shaping up as one of the group’s most consequential summits.
- Before heading for Buenos Aires on Thursday, Trump said he was open to a trade deal with China, but added, “I don’t know that I want to do it.”
BUENOS AIRES (Reuters) — The leaders of the world’s top economies gathered in Argentina on Friday for talks overshadowed by a US-China trade war that has roiled global markets, bracing for the kind of geopolitical drama US President Donald Trump often brings to the international stage.
The two-day annual gathering will be a major test for the Group of 20 industrialized nations, whose leaders first met in 2008 to help rescue the global economy from the worst financial crisis in seven decades. With a rise in nationalist sentiment in many countries, the group faces questions over its ability to deal with the latest round of crises.See the rest of the story at Business Insider
- The G20 lacks a formal mandate, staff, and funding, but it’s still one of the most powerful international organizations we have
- Trump was dealt a winning hand on trade, but his hardline ‘economic bullying’ might ruin it
- China has more to lose from prolonged trade war than the US, and that could lead to a deal at the G20