According to Reuters, a a senior Japanese Ministry of Finance on Saturday said that most Group of 20 finance leaders said escalating trade tensions pose a huge downside risk for the global economy. The official told reporters that “With so many countries expressing concern over the fallout (from the trade tensions), there seems to be some momentum to reflect that in the communique." G20 finance ministers and central bank governors gathered in the Japanese city of Fukuoka to discuss the global economy and its risks.

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Associated Press 11 May 2020 11:44 CEST

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