Divided G20 admits worsening trade wars pose risk to world economy 0 SHARES Share it! Share TweetBy Agence France-PresseThe world’s top financial policymakers admitted Sunday that trade tensions had worsened and posed a risk for the global economy, after a G20 meeting that laid bare differences between the United States and other nations. If they don’t, we’ll proceed with our tariffs,” Mnuchin told reporters Saturday. In the final statement, the G20 agreed to “redouble our efforts for a consensus-based solution with a final report by 2020”. However, here again the Fukuoka meeting exposed a difference of opinion over what form this reform should take.

Source: Manila Bulletin June 09, 2019 10:52 UTC