Financial policymakers from the world’s top 20 economies pose for a group photo in Fukuoka, Japan on Sunday. Photo: EPA

G20 finance chiefs vow to act on ‘intensifying’ global trade and geopolitical tensions

  • Policymakers issue joint communique saying they ‘will continue to address risks and stand ready to take further action’
  • Worsening trade war between US and China dominates discussions during meeting of ministers and central bankers in Japan
Topic |   G20

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Financial policymakers from the world’s top 20 economies pose for a group photo in Fukuoka, Japan on Sunday. Photo: EPA
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US Treasury Secretary Steven Mnuchin with People‘s Bank of China governor Yi Gang. Photo: Bloomberg

US President Donald Trump ‘perfectly happy’ to impose more tariffs on Chinese goods if talks fail to progress, Steven Mnuchin says

  • US Treasury Secretary puts ball back in Beijing’s court, saying Washington prepared to ‘move forward’ as long as China accepts its terms
  • Official tweeted earlier about ‘candid’ trade discussion with People’s Bank of China governor Yi Gang
Topic |   US-China trade war

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US Treasury Secretary Steven Mnuchin with People‘s Bank of China governor Yi Gang. Photo: Bloomberg
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