G-20 Leaders Concerned over U.S.-China Trade Tensions

Economy

Buenos Aires, Nov. 30 (Jiji Press)--A closely watched Group of 20 summit started in Buenos Aires on Friday for a two-day run, with participants voicing concerns over fierce U.S.-China trade friction.

On the first day, some also said that the G-20 advanced and emerging economies should confirm their support for free trade systems.

Among the summiteers are Japanese Prime Minister Shinzo Abe, U.S. President Donald Trump, Chinese President Xi Jinping and French President Emmanuel Macron.

The first-day discussions focused on the world economy, trade and international finances.

Growing tensions over trade are a serious risk to the global economy, Abe said. Protectionism and tit-for-tat trade retaliation will benefit no country, he also said, apparently keeping in mind the U.S.-China row.

[Copyright The Jiji Press, Ltd.]

Jiji Press