20 Hrs
Source:
الاقتصادية
G20 Trade Ministers Meet in US
The article discusses the trade ministers' talks within the G20, which began under U.S. sponsorship in Milwaukee, amid ongoing U.S. imposition of tariffs on its partners, accusing them of violating global competition rules. These meetings are held with few expectations of concrete results, as U.S. President Donald Trump favors bilateral negotiations, and tariffs remain dominant on certain sectors, despite being partially lifted in some cases. U.S. protectionist policies, including the imposition of new tariffs on more than 60 trading partners, raise concerns about escalating trade tensions—particularly regarding the issue of "overcapacity," which threatens to increase conflicts with the European Union, Japan, and South Korea. Additionally, other countries are apprehensive about dealing with the Trump administration, where prospects for reaching major agreements have diminished, and tariffs have not significantly helped restore jobs or support domestic industries. It is estimated that the effects of trade tensions will persist even after potential policy changes following the end of Trump's term.
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