The US and China will come under pressure to ease trade tensions at the forthcoming G20 summit in Osaka as the Japanese presidency seeks to steer the world’s most powerful economies away from confrontation.
While the summit at the end of the month will be dominated by the US-China trade war, with Donald Trump of the US set to meet China’s Xi Jinping, the rest of the world is pushing back at both giants over practices that undermine the global trading system.
Officials familiar with the pre-G20 trade discussions say that China’s model of state capitalism and Washington’s unilateralism under Mr Trump — both features of their trade war — have been sources of friction and debate heading into the summit.
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