fredag 28. juni 2019

G20: Europe tells US and China their trade war is harming global economy

European Union leaders have warned of the damage caused by the ongoing
US-China trade war to the world economy and appealed for rules-based international trade. The strained relations between Washington and Beijing over trade are “difficult” and contributing to a slowdown in the global economy, European Commission President Jean-Claude Juncker told a news conference on Friday in Osaka, as the world’s Group of 20 economies began their two-day summit in the western Japanese port city.

“We meet at a time when the world economy is encountering uncertainties,” said Juncker, adding that all countries would struggle to prosper if others did not play by the rules. “In our talks with both the US and Chinese authorities … I was drawing their attention to the harmful impact this controversial matter is creating.»