mandag 24. juni 2019

Is the G20 destined to fade into irrelevance in a leaderless world – courtesy of Donald Trump?

At the last Group of 20 summit, rivalry between the United States and China hijacked what was supposed to be a forum for international cooperation and multilateral diplomacy. While there was a joint communique at the end of the talks in Buenos Aires, and agreement on the need for WTO reforms, there was little progress on how to deliver as tensions flared.

But any progress made in Argentina was short-lived, and although a 90-day trade war truce was agreed between Washington and Beijing, soon after it expired US President Donald Trump doubled down on tariffs against Chinese imports and banned Huawei, the crown jewel of China’s tech industry.