G20 divided by US-China tensions as growth outlook dims

Smaller economies at mercy of tariffs and trade restrictions

20251017N G20

The U.S. has indicated it will return G20 talks to economic and financial topics when it takes over as president in 2026. © Reuters

YUKA FURUBAYASHI

WASHINGTON -- This week's meeting of Group of 20 finance ministers and central bankers wrapped up without a joint statement, underscoring the rift between the world's two biggest dominant economies and the threat it poses to global growth.

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