South Africa is calling for greater cooperation amongst the G-20 economies as finance ministers and central bankers gather under the cloud of President Trump's trade war.
Breakdown
- Concerns raised over limited US representation and its impact on G-20 cooperation. 7s
- South Africa, as G-20 president, is prioritizing institutional reforms and African growth. 1m 22s
- Uncertainty remains about reaching a joint communique at the summit. 1m 59s
- Previous finance meetings under this G-20 presidency did not produce an agreed communique. 2m 51s
- Key sticking points are sustainable financing (US opposition) and growth imbalances (China opposition). 3m 6s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.