G20 sees need for ‘dialogue,’ fails to defuse trade war threat – The Globe and Mail
The world’s financial leaders rejected protectionism on Tuesday and urged “further dialogue” on trade, but failed to defuse the threat of a trade war days before U.S. metals tariffs take effect and Washington is to announce measures against China.
Finance ministers and central bankers of the world’s 20 biggest economies, which represent 75 per cent of world trade and 85 per cent of global gross domestic product, discussed trade disruptions as a risk to growth at a two-day meeting.
But after talk…
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