tirsdag 25. juni 2019

As trade war frustrations mount in the G20, Trump and Xi still have a mountain to climb to deal with the thorny issues

The Trump-Xi meeting will be the most watched side meeting at the G20 summit in Osaka at the end of the month. It will be their first face-to-face meeting since the last Group of 20 summit in Buenos Aires, in December 2018. US President Donald Trump and Chinese President Xi Jinping will have plenty to talk about but, unfortunately, it is unlikely that their summit will resolve the host of thorny issues confronting the bilateral relationship.

US-China trade friction is at the top of the agenda, and a major point of concern for all other G20 members. A major fear is that a protracted conflict will depress the world’s two biggest economies, affecting global growth and even causing a global recession.

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